Tag "K&H Bank"

K&H Bank: the use of mobile banking is growing dynamically

The use of mobile banking at K&H Bank is growing dynamically, 560,000 people already use the service, and their number has doubled since 2020 – explained Balázs Németh, head of...

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K&H: SZÉP card purchases can stop the decline in grocery store traffic

According to K&H Bank, purchases with the SZÉP card can stop the decline in the turnover of grocery stores, after it will be possible to buy cold food again for...

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Zsendülés conference in Szeged – Organisation, efficiency and cooperation are the future of horticulture

On 2 March about 250 representatives of the horticulture sector gathered for the 8th Zsendülés conference in Szeged. This article is available for reading in Trade magazin 2023/5 The first speaker...

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K&H Bank’s profit fell by 10 percent last year

K&H Bank’s profit after tax fell by ten percent to HUF 67.6 billion in 2022, Attila Gombás, head of K&H Bank’s financial division, announced at an online press conference on...

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K&H: at the forefront of green financing

Today, K&H Bank disbursed its first corporate loan that fully complies with the European Union’s sustainability regulations, the EU Taxonomy Regulation. During the transaction, K&H will refinance the wind farm...

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According to experts, autumn brings new food price increases

Hungarian households cannot expect much good from this fall. Dávid Németh, the chief economist of Aa K&H Bank, talked about the possibility of further food price increases in the Spirit...

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K&H: the number of young people with loans has decreased

The number of young people with loans has decreased in Hungary based on this year’s representative survey prepared for the youth index of K&H Bank, the bank informed MTI. According...

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Levente Suba: “Sustainability is a strategic point without which one can not operate a business’

How big is the carbon footprint of a bank? And of an average Hungarian household? How can a bank be sustainable and what can it do to support its clients...

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K&H: in addition to the difficult situation, there may be a reorganization in the agricultural export markets

The conflict in Ukraine is having a significant impact on Hungarian agriculture: livestock farmers are being put in a difficult position by rising prices for grain and sunflower seeds, rising...

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K&H: three-quarters of young people with a bank connection use a credit card

78 percent of 19-29-year-olds with banking connections use some form of credit card, but only 38 percent and 45 percent use Internet banking or mobile banking services, respectively, K&H told...

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There has been a significant increase in Szép-card top-ups

According to the data of service providers, the Szép card top-ups increased significantly. Payments at OTP jumped to 1.5 times the previous year by May, and at K&H Bank by...

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SMEs are optimistic about the new year despite the pandemic situation

The expectations of the SME sector were not significantly affected by the second wave of the pandemic until November. Based on the fourth quarter results of the K&H SME Confidence...

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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...

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Greener Common Agricultural Policy

More than half of agricultural revenues in Hungary come from European Union funding, in which the financial resources of the Common Agricultural Policy (CAP) play a key role. István Tresó,...

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There are many places where commuting between office work and the home office remained

Due to the protracted nature of the pandemic, it is still unclear when we can return fully to the office and how long the “hybrid” work will remain. We now...

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According to a survey, companies’ investment intentions stalled

Companies’ investment intentions have come to a halt, according to the latest K&H Growth Index. According to a study sent to MTI on Tuesday, companies’ investment intentions have declined following...

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Y generation to outnumber X soon

A huge change to come in the labor market within a couple of years: the X-generation workers currently represent the largest proportion on the labor market, but after 2025, their...

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Growth in 2017 was driven by consumption and investment

Last year, household consumption and investments pushed the economy’s growth, while net exports detracted performance – Németh Dávid senior analyst at K & H Bank commented the latest economic growth...

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Two month of average wages can be saved annually by online shopping

Due to technological advances, the trend is clearly pointing to online shopping, so more and more supermarkets are trading online. However, due to the wide range of products and the...

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K&H: ATM cash payment is popular

K&H Bank’s cash payment ATMs quickly became popular. During the first quarter of this year, the clients paid a total of 75.6 billion HUF 252,000 times – the financial institution...

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Young people spent more on food

Most of the young people spend more than they did in 2017 and will continue to increase their spendings in the future – Világgazdaság Online wrote on the basis of...

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K&H: SMEs expect greater profit growth

Small and medium-sized enterprises (SMEs), as in the previous quarter’s survey, expect a 5.5 percent increase in sales. The SMEs expect a profit growth of 3.6 percent in the following...

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More than two billion HUF is still on the SZÉP cards

Two weeks before the expiration date, about 2.3 billion HUF from the 2015 uploads are still on the Széchenyi Rest Cards – the card issuers told MTI. Unused funds will...

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Four out of ten SMEs are preparing for investment

The investment willingness of the businesses remains low: 41 percent of the small and medium sized enterprises (SMEs) plan some development in the next year, according to the latest figures...

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K&H: the investments of large companies will continue to decline this year

The investments of large companies will continue to decline this year, as the downturn in the sector’s willingness to develop continues according to K&H’s survey – the bank told MTI...

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K&H: annual expectations of the SMEs deteriorated

The confidence of the domestic small and medium-sized enterprises (SMEs) has become worse. K&H’s confidence index indicating the expectations for the coming year worsened from the year beginning’s 11 points...

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The large companies expect higher revenues but lower profits for this year

Following the upturn in domestic trade the large companies in Hungary expect higher revenues but lower profits this year – the research of the K&H Enterprise Growth Index showed. The...

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K&H: subdued corporate demand for credit

According to the K&H Bank, credit demand is subdued, despite the low interest rate environment, and a growing deposit base characterizes the corporate sector. The demand for loans primarily boosts...

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The Growth Loan Program ends

The companies have slightly more than one month left, to claim for the favorable sources of the Growth Loan Program’s for their investments. “The decisions on investments of a significant...

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K&H: more and more under age have a bank accounts

The number of bank accounts of people under-18 increased significantly in the past 10 years. As a result more than 30 thousand young people have bank accounts at the K&H...

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