Nyugat Takarék Szövetkezet

Anna MileikoCreated by Anna Mileiko

Nyugat Takarék Szövetkezet Logo

Address

Pethényi köz 10., 1122, Budapest 12. ker., Hungary

BIC

n/a

Overview

Category

Savings banks

Business Focus

retail banking

Nyugat Takarék Szövetkezet is a savings bank, providinga broad range of retail banking and insurance products to individuals and companies. Nyugat Takarék Szövetkezet was closed in December 2019.

Performance

In 2018, Nyugat Takarék Szövetkezet achieved the position of 29th largest bank in Hungary with a market share of 0.37%.

Deposit Protection

Deposits up to 100,000 EUR are covered by Hungarian deposit guarantee scheme in Nyugat Takarék Szövetkezet.

Ways to Bank

Nyugat Takarék Szövetkezet delivered its products and services through both direct and indirect channels, namely:
branch branch
online banking online banking

Financials

Total Assets of Nyugat Takarék Szövetkezet
Net_income of Nyugat Takarék Szövetkezet
Market Share of Nyugat Takarék Szövetkezet
Total Assets (2018)
133.14 bln HUF   (+245.93%)
Net Income (2018)
-185,704,000.00 HUF

Nyugat Takarék Szövetkezet was the 29th largest bank in Hungary in terms of total assets. In 2018 its total assets were 133,14 bln HUF, providing the bank with the market share of 0.37%. Nyugat Takarék Szövetkezet was the 6th largest savings bank in Hungary (out of 21 savings banks) having market share of 4.27% amongst the banks of this category. In 2018 the bank's net income was -185,70 mln HUF.

Deposit Guarantee

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

Nyugat Takarék Szövetkezet participates in the deposit guarantee scheme of Hungary which applies to current accounts, savings accounts, time deposit accounts made by natural persons (Hungarian and foreign), legal entities and covers up to up to 100,000 EUR per bank per depositor. Nyugat Takarék Szövetkezet is a member of National Deposit Insurance Fund (NDIF) and makes its contributions into it.

See Also

Contacts

addressPethényi köz 10., 1122, Budapest 12. ker., Hungary

Nyugat Takarék Szövetkezet was located in Budapest 12. Ker..

Bank Identifiers

MFI ID
HU10044276

Bank Supervision

Supervised By
Magyar Nemzeti Bank

Nyugat Takarék Szövetkezet was authorized and supervised by the Magyar Nemzeti Bank.

Bank History

Close Date
December 2019
Previous Name
Kisalföld Takarék Szövetkezet
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