What Banks in Hungary Were the Largest Deposit Takers in 2016?

Based on a comparison of 10 banks in Hungary in 2016, OTP Group was the largest deposit taker, followed by OTP Bank Hungary and K&H Bank.

OTP Group's customer deposits reached HUF 8,540,580 mil, up from HUF 7,984,580 mil, compared to the previous year. Historically, the bank’s net profit reached an all time high of HUF 8,540,580 mil in 2016 and an all time low of HUF 695,518 mil in 1993.

Comparing OTP Group with its closest peers, OTP Bank Hungary's deposits amounted to HUF 4,905,680 mil at the end of 2016, K&H Bank operated with HUF 2,131,480 mil of customer deposits and UniCredit Bank Hungary had clients' deposits of HUF 1,546,000 mil at the end of 2016.

Hungarian banks had customer deposits of CZK 3,767 bil in 2016, up 7.00% when compared to the last year. As a result, the top ranked company - OTP Group accounted for 227% of the sector’s deposits in 2016. The top 3 companies held a 414% share while the five largest firms some 495% in 2016.

You can see all the banks customers deposits data on the Customer Deposits indicator page or you can download a report on the Hungarian banks in the report section.