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Magyar Takarekszovetkezeti Bank Zrt. (Hungary)

Main Activities: Commercial Banking
Full name: Magyar Takarekszovetkezeti Bank Zrt. Profile Updated: September 21, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Hungarian Download a sample report

Since its inception in 1989, MTB Magyar Takarékszövetkezeti Bank Zrt.’s mission is to supporting and strengthening the market and financial positions of the savings co-operative sector. Its main duty is to help create a uniform market presence of credit businesses that are integration members, as well as to widen their available products and services. MTB’s most important client group, which together have nearly a 63% stake in MTB, comprises owner savings co-operatives and banks. As a central bank, MTB make it possible for member savings co-operatives and banks to provide a full range of banking products and services to their customers, without having to worry about size or legal constrains. As a commercial bank, MTB serves customers that, due to their size or special scope of activity, savings co-operatives and banks of the sector cannot serve at all, or only partially. As an investment bank, MTB uses its competitive product to ensure that the needs of customers of its banks and savings co-operatives are met as best as possible. Under the MTB brand name and in addition to serving banking customers directly, offering its complete range of investment services, MTB also makes it possible for savings co-operatives and their customers to have direct access to the capital market. Its widely renowned analyst team and our long standing dealing as primary distributor in government bonds are its further capabilities helping to provide our customers with premier services.

Headquarters
Pethenyi koz 10.
Budapest; Budapest; Postal Code: 1122

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Website: http://www.takarekbank.hu

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 18, 1989
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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Subsidiaries
Takarek Jelzalogbank Nyrt.
76.98%
Almelo Ingatlanforgalmazo Es Hasznosito Kft.
Ap Solutions Kft.
Company Performance
Financial values in the chart are available after Magyar Takarekszovetkezeti Bank Zrt. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HUF. Absolute financial data is included in the purchased report.
Net interest income
16.45%
Net fee and commission income
-2.3%
Operating profit (EBIT)
N/A
Net Profit (Loss) for the Period
N/A
Total assets
0.97%
Loans and advances to customers
21.78%
Deposits from customers
-2.27%
Total equity
13.48%
Total Assets Trend
-9%
Net Interest Income Trend
N/A
Cost to Income Ratio
-20.01%
Loans to Deposits Ratio
12.69%
Loans to Asset Ratio
9.48%

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