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Erste Bank Hungary Closed the Past Year with Success

Mar 9, 2023

Erste Bank had a successful year in 2022, with lending growth and operating income up, but profits lower than in the previous year due to one-off tax and regulatory charges, Erste CEO Jelasity Radovan has told a press conference in Budapest. He added that two acquisitions were successfully completed last year, the takeovers of Commerzbank […]

Erste Bank Opens Dog-Friendly Branches in Hungary

Jan 4, 2023

From now on, Erste Bank customers do not have to leave their four-legged pets at home when they go to the branch of the financial institution to do business. For the time being, dogs are expected in six branches, and Erste will decide on the dog-friendly concept based on the experience of a two-month trial […]

Commerzbank Hungary Clients Have Joined Erste Bank

Dec 12, 2022

Erste Bank Hungary has successfully integrated the clients and activities of Commerzbank's Hungarian subsidiary into its corporate business. With the technical closing of the acquisition, Erste Bank became Hungary's fifth largest corporate lender, with a market share exceeding 10 percent. The customers of Commerzbank's Hungarian subsidiary, Commerzbank Plc., joined Erste Bank Hungary Zrt. smoothly, according […]

Erste Bank: 60% Less Profit in the First Nine Months

Nov 9, 2022

Erste Bank's profit after tax for the first nine months of this year was 59.2% lower than last year at HUF 18.3 billion, while lending continued to grow, CEO Jelasity Radovan said at a press conference in Budapest on Wednesday. He added that the rise in costs and public charges, as well as accounting settlements […]

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