Sberbank Magyarország Zrt

Anna Mileiko Created by Anna Mileiko

Sberbank Magyarország Zártkörűen Működő Részvénytársaság Logo

Address

Rákóczi út 1-3., 1088, Budapest 08. ker., Hungary

BIC

MAVOHUHBXXX

Overview

Category

Commercial banks

Business Focus

corporate banking

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.

Performance

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%.

Deposit Protection

Deposits up to 100,000 EUR are covered by Hungarian deposit guarantee scheme in Sberbank Magyarország Zrt.

Financials

Total Assets of Sberbank Magyarország Zrt
Net_income of Sberbank Magyarország Zrt
Market Share of Sberbank Magyarország Zrt
Total Assets (2020)
511.07 bln HUF   (+20.70%)
Net Income (2020)
-1,135,443,121.49 HUF

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.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
National Deposit Insurance Fund (NDIF)National Deposit Insurance Fund (NDIF)
Covered Accounts
current accounts
savings accounts
time deposit accounts
Eligible Depositors
natural persons (Hungarian and foreign)
legal entities

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.

See Also

Contacts

addressRákóczi út 1-3., 1088, Budapest 08. ker., Hungary

Sberbank Magyarország Zrt was headquartered in Budapest 08. Ker..

See Also

Bank Identifiers

BIC (SWIFT)
MAVOHUHBXXX
LEI
529900E3CDUZL6H6GX76
MFI ID
HU10776999

Bank Supervision

Supervised By
Magyar Nemzeti Bank

Sberbank Magyarország Zrt was authorized and supervised by the Magyar Nemzeti Bank.

Bank History

Close Date
November 2023
Previous Name
Magyarországi Volksbank Zrt
Flag of Hungary

Hungary Banking Insights and Helpful Posts

TheBanks.eu Values Your Privacy

We use cookies to provide you with an excellent user experience. By clicking “Accept All”, you consent to our use of cookies.

Customize Cookies

We use cookies to ensure an excellent user experience and provide personalized information. Below you will find a detailed description of all the types of cookies we use.

Necessary Cookies

Required for essential site functions, such as secure system log-in or setting your preference parameters. Necessary cookies do not store any personal data.

Analytical Cookies

Required for site usage statistics, allow the analysis of indicators such as the number of visits, traffic sources, etc.

Advertising Cookies

Required to provide personalized advertising based on visited pages and analyze ad campaign efficiency.