The lender paid HUF 100bn on the bank levy and windfall profit tax.

Lending stock rose 10pc to HUF 3,386bn. Outlays reached HUF 823bn.

The NPL ratio edged down 0.3pp to 0.8pc.

Stock of deposits climbed 6pc to HUF 4,232bn.

Client numbers rose 6pc close to 1.1 million.

Profit of K+H's insurance business reached HUF 9.7bn, up from HUF 4.2bn in the base period.

K+H Bank, commonly known as K&H Bank, is one of Hungary's leading financial institutions, fully owned by Belgium's KBC Bank N.V. It operates as a universal bank with a strong presence in both retail and corporate sectors, holding about an 11% market share in traditional banking products as of late 2024.

Serves around 1.6 million clients through 193 branches and digital channels, with €7 billion in loans and €10 billion in deposits.​

Employs roughly 3,900 staff and leads in corporate banking while ranking second in retail.

The bank, established in 1987, provides a wide range of products including account management, loans, investments, insurance (life, property, liability), leasing, fund management, and bank cards. It emphasizes bancassurance and innovative solutions like mobile banking via its app.

 

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com
 

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