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.
In 2018, Nyugat Takarék Szövetkezet achieved the position of 29th largest bank in Hungary with a market share of 0.37%.
Deposits up to 100,000 EUR are covered by Hungarian deposit guarantee scheme in Nyugat Takarék Szövetkezet.
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.
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.
Nyugat Takarék Szövetkezet was located in Budapest 12. Ker..
Nyugat Takarék Szövetkezet was authorized and supervised by the Magyar Nemzeti Bank.