Tag "Budapest Bank"
The members of Magyar Bankholding help the agricultural sector with huge loans
The member banks of Magyar Bankholding, Budapest Bank, MKB Bank and Takarékbank, have a total loan and leasing portfolio of almost 500 billion HUF in the agricultural sector, which together...
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Budapest Bank: Savings increased despite crisis
The Covid-19 crisis has not reduced the number of people with savings, moreover, their share has increased as well as the average amount set aside, according to the latest representative...
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Budapest Bank’s agricultural economic index rose to a record level
Hungarian farmers have a positive view of the future. Budapest Bank’s latest agricultural economic index was 16 points, the highest value in the last 6 years, an increase of 20...
Read moreThe owners stick to their company until the end
92 percent of company executives have never thought about the opportunity to sell, although securing the company’s future is often at stake – according to Budapest Bank’s latest representative research....
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Magazine: Digitalization in banking: fast, safe, convenient
Budapest Bank, MKB, K&H Bank and OTP shared their experiences in the Instant Payment System with Trade magazin. All four banks agreed that the operation of the instant payment system...
Read moreHungarian farmers are becoming more and more open to technological developments
Hungarian farmers consider technological developments to be essential. 68% of them would invest in various upgrades, and some of them have already started investing. The tools of precision farming are...
Read moreBudapest Bank: agricultural businesses are characterized by positive expectations
Hungarian agricultural enterprises are characterized by a positive mood due to the relatively high level of investment and rising demand for agricultural products – according to the Budapest Bank’s Agri-Economic...
Read moreBudapest Bank: the proportion of summer holiday travelers is expanding this year
More than 5 percent more than last year, 64 percent of the respondents go on summer holiday this year, and they will spend more money – according to the survey...
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Budapest Bank: nearly third of the domestic SMEs plans to invest this year
The majority of SMEs expect growth in both revenue and profit this year – according to Budapest Bank’s survey conducted among 300 CEOs. Investments are planned by nearly one third...
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We intend to spend four thousand forints more on Christmas gifts
In 2018 Hungarians will spend more, on average of 56 thousand forints on Christmas gifts, compared to last year. We buy gifts for seven people per head and spend on...
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New ambulance is the result of cooperation
Thanks to Budapest Bank, Orbico Hungary and Shell Hungary’s joint charity initiative, on 2 October 2018 a new ambulance was bought for the vehicle fleet of the Peter Cerny Ambulance...
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Magazine: Fierce competition between banks
The switch to digital processes in customer management is continuous in Hungarian banks. This creates great challenges for them. András Fischer, OTP Bank’s head of innovation – retail banking told our...
Read moreBudapest Bank: increase of investments in agriculture may continue
Two thirds of Hungarian agricultural entrepreneurs have developed their farms without subsidies over the last year, while third of them continue to increase the amount invested this year – the...
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Large companies also contribute to the digitalisation of the SME sector (Part 2)
How can large companies support SMEs in going digital? In the last few years banks also tried to convince customers to start using the latest technological solutions. The many online services...
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Digitisation slowly reaches the SME sector
According to a publication by Budapest Bank, the digital transformation is just about to reach Hungarian SMEs – this can be seen from the small proportion of digitisation-related investment projects. The...
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Finances: a preparation guide for next year
According to Balázs Toldi, head of Budapest Bank’s corporate customers business area, the bank provides a full scale of financial services to micro-, small and medium-sized businesses. 90 percent of the...
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Hungarian companies abroad: for the time being, few of them cross the border
Only a fifth of the domestic micro, small and medium-sized enterprises carry out export activities and the proportion of new players entering the foreign market is also low – according...
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Budapest Bank: shool start costs 54,000 HUF in the primary schools this year
Families with elementary school children are expected to spend an average of 54,000 HUF this year instead of the 64,000 HUF of last year – the Budapest Bank told MTI...
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Budapest Bank survey on EU funds
Hungary’s companies have claimed 270 billion HUF of preferential credit products combined with non-refundable EU grants, which is more than half of the announced budget – Budapest Bank (BB) told...
Read moreBudapest Bank: investment mood in agriculture is growing
Investments may continue to grow this year: after 23 percent last year, 35 percent of the companies would increase their total investment, on average, by doubleing them, according to an...
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Telenor: bank card on a mobile
In cooperation with Budapest Bank, Cellum Zrt. and Gemalto, Telenor added a new feature to their Telenor Wallet application. The new service is called MobilPass and makes contactless payment possible...
Read moreBudapest Bank remains a Tesco partner
Tesco Hungary signed another 3-year partnership agreement with Budapest Bank. In the last 6 years Budapest Bank provided consumption loans and bank account services to several hundred thousand Tesco customers...
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The Media Markt has a new financial partner
The Budapest Bank signed a financial partner agreement with Media Markt – origo wrote. In the 24 stores of Media Markt, the Budapest Bank will provide the consumer loans and...
Read moreBudapest Bank: the domestic companies are cautiously optimistic
Most the Hungarian CEOs are cautiously optimistic in terms of economic prospects. As the result of the increased orders close to 90 thousand new jobs may be created in the...
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Farmers calculate with a good year
According to the Agricultural Economic Index, commissioned for the first time by Budapest Bank and prepared by GfK Hungária, farmers forecast a positive turn of events this year. The representative...
Read moreThe majority of Hungarians would spend their vacation in Hungary
This year two-thirds of Hungarians are planning a holiday, which is a significant increase, compared to last year’s 48 per cent. The majority are vacationing in Hungary – according to...
Read moreInvestment mood of SMEs increased by the end of the year
In December 2015, the Growth Loan Program’s (NHP) credit and lease agreements, as well as disbursements increased sharply. In the second phase of the NHP, the Budapest Bank group signed...
Read moreThe third of SMEs would finance their investments via EU tenders
In the new EU support cycle, the third of the small and medium enterprises (SMEs) would finance their investments from EU supports; the companies in the industrial-sector are the most...
Read moreBudapest Bank: Hungarian families spend 30 thousand HUF more on holiday this year
The Hungarian families spend 30 thousand forints more on holiday this year, while the holiday period increased from 8 to 9 days, compared to the same period of the last...
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One fifth of SMEs plan to recruit new employees
A survey conducted by GfK Hungária for Budapest Bank found that 80 percent of Hungarian SMEs’ managing directors believe there is huge potential in their enterprises. 30 percent of small...
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