By Helgi Library - May 21, 2018
Erste Bank Hungary's non-performing loans reached 5.48% of total loans at the end of 2017, down from 9.55% compared to the previo...
By Helgi Library - May 22, 2018
Erste Bank Hungary's retail deposits reached HUF 828,479 mil in 2017, up 28.7% compared to the previous year. Hungarian banking...
By Helgi Library - May 21, 2018
Erste Bank Hungary made a net profit of HUF 54,754 mil in 2017, up 26.3% compared to the previous year. This implies a return on...
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By Helgi Library - May 22, 2018
Erste Bank Hungary's customer deposits reached HUF 1,540,900 mil in 2017, up 8.58% compared to the previous year. Hungarian banking sector accepted customer deposits of HUF 20,469 bil in 2017, up 7.74% when compared to the last year. Erste Bank Hungary ac...
By Helgi Library - May 22, 2018
Erste Bank Hungary's corporate deposits reached HUF 452,862 mil in 2017, up 4.13% compared to the previous year. Hungarian banking sector accepted corporate deposits of HUF 7,527 bil in 2017, up 14.7% when compared to the last year. Erste Bank Hungary acc...
By Helgi Library - May 22, 2018
Erste Bank Hungary's customer loans reached HUF 1,123,700 mil in 2017, up 10.0% compared to the previous year. Hungarian banking sector provided customer loans of HUF 13,845 bil in 2017, up 5.17% when compared to the last year. Erste Bank Hungary accounte...
By Helgi Library - May 22, 2018
Erste Bank Hungary generated total banking revenues of HUF 126,281 mil in 2017, up 15.9% compared to the previous year. Hungarian banking sector banking sector generated total revenues of HUF 1,358,153 mil in 2017, up 20.3% when compared to the last y...
By Helgi Library - May 21, 2018
Erste Bank Hungary's net interest margin amounted to 3.07% in 2017, up from 2.86% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 5.73% in 2004 and an all time low of 2.63% in 2009. The average mar...
By Helgi Library - May 21, 2018
Erste Bank Hungary employed 3,047 persons in 2017, up 6.06% when compared to the previous year. Historically, the bank's workforce hit an all time high of 3,230 persons in 2008 and an all time low of 2,505 in 2005. Average cost reached USD 3,093 per month per emp...
By Helgi Library - September 23, 2018
Erste Bank Hungary's capital adequacy ratio reached 19.6% at the end of 2017, down from 21.6% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 21.6% in 2016 and an all time low of 12.2% in 2010. The Tier 1 ratio am...
By Helgi Library - December 12, 2019
Erste Bank Hungary's corporate loans reached HUF 466,952 mil in 2017, up 21.2% compared to the previous year. Hungarian banking sector provided corporate loans of HUF 5,773 bil in 2017, up 10.6% when compared to the last year. Erste Bank Hungary accounted...
By Helgi Library - May 21, 2018
Erste Bank Hungary's cost to income ratio reached 54.1% in 2017, down from 55.9% compared to the previous year. Historically, the bank’s costs reached an all time high of 135% of income in 2014 and an all time low of 38.0% in 2011. When compared to total a...
By Helgi Library - May 21, 2018
Erste Bank Hungary generated total banking revenues of HUF 126,281 mil in 2017, up 15.9% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of HUF 191,704 mil in 20...
Erste Bank Hungary is a Hungary-based subsidiary of Austria's Erste Bank. Erste Group entered the Hungarian market by purchasing the state-owned Mezőbank in 1997. In 2003, acquistion of Postabank cemented Erste Bank's position among the top five banks on the market. Now, Erste Bank serves some 900,000 clients through 201 branches in Hungary. Erste Bank is the second largest commercial bank in Austria. In 1997, Erste Group went public with a strategy to expand its retail business into Central and Eastern Europe (CEE). Since then Erste Group's customer base has grown through numerous acquisitions and organic growth from 600,000 to around 16.4 million. With 2,900 branches and 46,000 employees, Erste Group is today one of the largest financial services providers in the Eastern part of EU in terms of clients and total assets.
Erste Bank Hungary has been growing its revenues and asset by -1.21% and -4.46% a year on average in the last 5 years. Its loans and deposits have grown by -6.63% and 2.52% a year during that time and loans to deposits ratio reached 72.9% at the end of 2017. The company achieved an average return on equity of -8.92% in the last five years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 54.1% in 2017, compared to 77.7% average in the last five years.
Equity represented 15.3% of total assets or 30.2% of loans at the end of 2017. Erste Bank Hungary's non-performing loans were 5.48% of total loans while provisions covered some 90.0% of NPLs at the end of 2017.
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