Rum és Vidéke Takarékszövetkezet

Contacts 
    Address  9756, Hungary, Ikervár, Rákóczi u. 5.

Bank Identifiers 
    MFI ID  HU10046254
Bank Category  Savings banks
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)
Financial Positions 
    Total Assets (2013)  36.69 mln EUR ↓ (-3.30%)
    Total Equity (2013)  1.36 mln EUR ↓ (-0.75%)
Profit and Loss 
    Net Income (2013)  -6 081.38 EUR

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  HU10046254

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Hungary are obliged to participate in Hungarian deposit guarantee scheme.

In the case of Rum és Vidéke Takarékszövetkezet failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Maximum Protected Amount  100 000 EUR
Paid In Currency  HUF

Further Information: Deposit Guarantee Scheme in Hungary

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  No
Exempt from MRR by ECB  No

Financial Positions

In 2013 total assets of Rum és Vidéke Takarékszövetkezet were 36.69 mln EUR. Decline compared to the previous period (2012) was -3.30%. The evolution of the total assets of Rum és Vidéke Takarékszövetkezet is shown at Chart 1 below.

Total Assets of Rum és Vidéke Takarékszövetkezet
Chart 1. Total Assets of Rum és Vidéke Takarékszövetkezet.

Recent changes in total assets of Rum és Vidéke Takarékszövetkezet and its main components are shown in Table 1.

2012 2013 % Change
Cash and deposits with Central Banks 1.3 1.1 -12.04% ↓
Loans 11.4 9.7 -14.79% ↓
Total Assets 37.9 36.7 -3.30% ↓
Table 1. Recent changes in total assets of Rum és Vidéke Takarékszövetkezet (mln EUR).

Recent changes in total liabilities of Rum és Vidéke Takarékszövetkezet and its main components are shown in Table 2.

2012 2013 % Change
Deposits from other clients 35.9 34.8 -3.28% ↓
0.0 0.0 -1.60% ↓
Total Liabilities 37.9 36.7 -3.30% ↓
Table 2. Recent changes in total liabilities of Rum és Vidéke Takarékszövetkezet (mln EUR).

Profit and Loss

Recent changes in gross profit of Rum és Vidéke Takarékszövetkezet and its main components are shown in Table 3.

2012 2013 % Change
Interest Income 2.9 2.4 -15.96% ↓
Interest Charges -1.5 -1.2 -22.85% ↓
Net Interest Income 1.3 1.2 -7.85% ↓
Net Commission Income 0.3 0.5 +82.87% ↑
Table 3. Recent changes in gross profit of Rum és Vidéke Takarékszövetkezet (mln EUR).

In 2013 net income of Rum és Vidéke Takarékszövetkezet was -6 081.38 EUR. Decline compared to the previous period (2012) was -107.61%. The evolution of the net income of Rum és Vidéke Takarékszövetkezet is shown at Chart 2 below.

Net Income of Rum és Vidéke Takarékszövetkezet
Chart 2. Net Income of Rum és Vidéke Takarékszövetkezet.

Related Information on Hungary

Economy and Banking Sector of Hungary

List of Banks in Hungary

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