Sberbank Europe AG is a banking group 100%-owned by Sberbank Russia, the largest Russian banking group. In 2012 Sberbank Russia acquired international banking division of Volksbank (Austria) and rebranded it to Sberbank Europe. Sberbank Europe is focused on providing corporate banking products and services.
Sberbank Magyarország Zrt operated as a subsidiary of Sberbank Europe AG.
In 2020, Sberbank Magyarország Zrt achieved the position of 18th largest bank in Hungary with a market share of 1.04%; its total assets grew by 20.70%.
Deposits up to 100,000 EUR are covered by Hungarian deposit guarantee scheme in Sberbank Magyarország Zrt.
Sberbank Magyarország Zrt ranked as the 18th largest bank in Hungary by total assets. In 2020 its total assets were 511.07 bln HUF, representing a 1.04% market share. In 2020 the bank's net income was -1,135.44 mln HUF.
Sberbank Magyarország Zrt protects deposits up to up to 100,000 EUR per depositor through Hungary's deposit guarantee scheme. The scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons (Hungarian and foreign), legal entities. The bank participates in the National Deposit Insurance Fund (NDIF), making regular contributions into it.
Sberbank Magyarország Zrt was headquartered in Budapest 08. Ker..
Sberbank Magyarország Zrt was authorized and supervised by the Magyar Nemzeti Bank.