Young adults' expectations of financial services differ from those of middle-aged and older adults in many areas. They favor mobile platforms that are available 24 hours a day, from anywhere, and base their major decisions on "finfluencers", often contemporary influencers who are knowledgeable about finance. Three quarters of Provident's Generation Z customers interact exclusively online […]

Viktor Boczán, who has been the Chief Executive Officer of Provident Hungary since last year, returned to his home country from the Czech Republic to bring his diverse and cross-functional experience of more than 23 years to the company to help it achieve its growth-focused financial plans. He spent five years in top management positions […]

January 28 is International Data Privacy Day, and Provident Financial Ltd. wishes to raise awareness among older people of the importance of online consciousness, the lack of which can have financial consequences.  Over the past 10-15 years, the digital revolution has fundamentally changed the lives of the older generation. They don't have to wait hours […]

Although people are becoming more financially aware, stress caused by financial challenges is still present among those in worse than average financial situations, according to a survey by Provident Financial Ltd. With January typically a time when people are faced with the reality that holiday spending has depleted their resources, the company is highlighting that […]

As of January 1, 2025, Balázs Károly occupies the position of Commercial and Customer Service Director of Provident Financial Ltd., the company has announced. According to the statement, he comes to the role with outstanding professional experience and in-depth market knowledge. He has worked for more than a decade at Provident's Hungarian, Bulgarian and Romanian […]

A third of grandparents have been forced to cut back on gift giving due to the need to save, while four in ten can only afford to save money for presents during the year, according to Provident's research into the Advent period. According to the responses, the relative majority of respondents can spend between HUF […]

Szeged's "lungs", the city's largest park, is being enriched with new trees, thanks to the support of Provident Financial Ltd. The financial service provider says in a statement that it attaches great importance to supporting the social environment in which it operates in a variety of ways, and its ProviGreen program fits in well with […]

Within the framework of the ProviGreen program, a sustainability initiative of Provident Financial Ltd., together with the Municipality of Szekszárd, the employees of the financial service provider plant nearly 400 saplings along two cycle path sections in Tartsay Vilmos Street and Keselyűsi Road in the south-central Hungarian town.  "Our city's network of cycle paths is […]

A flood adventure, the brainchild of 11-year-old Adél Leila, which will reach sick children in the form of a comic book - the stories will be printed on the packaging of pastries that will be sent to medical institutions that treat children, in a charitable collaboration between the Magic Lamp Foundation, Provident Financial Ltd., Ludwig […]

Repayment of outstanding loans is less of a problem than before, and reluctance to borrow has eased, according to a survey by Provident Financial Ltd.'s among its own customers. The data also shows that with their financial situation feeling more stable, more people are willing to spend on things such as health care, which was […]

Developing financial literacy and self-care is of paramount importance in improving the quality of life, especially in social groups where adults, even if they have their own income, lack financial security. The Hungarian Interchurch Aid organization (HIA) and Provident Financial Ltd. have been working together as strategic partners for two years now to give as […]

Hungarian poet and literary translator, Dániel Varró has joined the initiative to deliver freshly baked pastries to a medical institution that helps sick children to recover. The campaign is being implemented by Provident Finance Ltd., with the participation of the Magic Lamp Foundation, the main organizer of the charity collection, and Ludwig and Mentesi Ltd., […]

The recent record high inflation rate has made Hungarians more financially aware, with more and more of them trying to plan their finances, according to Provident research. In fact, change is needed: Hungarians are still finding it difficult to navigate the world of financial products compared with their European counterparts. A recent survey by Provident […]

More and more people in Hungary have some money left over from their income at the end of the month, and fewer and fewer are forced to borrow from family, friends, relatives, financial institutions and financial service providers, according to a representative survey of 4,500 people commissioned by Provident Financial Ltd. However, recent data show […]

60% of borrowers already provide for the amount needed for the start of school in June and July, which is indicated by the steady increase in the number of loan applications citing financial difficulties in starting school, while the number of those who finance the start of school with a loan has slightly decreased compared […]