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 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...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | HUF mil | 62,003 | 56,796 | 65,472 |
| Net Fee Income | HUF mil | 42,591 | 44,161 | 48,683 |
| Other Income | HUF mil | 4,447 | 8,002 | 12,126 |
| Total Revenues | HUF mil | 109,041 | 108,959 | 126,281 |
| Staff Cost | HUF mil | 26,226 | 28,501 | 31,243 |
| Operating Profit | HUF mil | 23,237 | 48,054 | 58,012 |
| Provisions | HUF mil | 122,696 | 79,203 | 58,300 |
| Net Profit | HUF mil | -22,010 | 43,343 | 54,754 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | HUF mil | 278,436 | 145,499 | 68,672 |
| Customer Loans | HUF mil | 998,292 | 1,021,230 | 1,123,700 |
| Total Assets | HUF mil | 1,924,170 | 2,046,880 | 2,219,070 |
| Shareholders' Equity | HUF mil | 160,268 | 281,015 | 339,278 |
| Interbank Borrowing | HUF mil | 290,768 | 213,655 | 202,560 |
| Customer Deposits | HUF mil | 1,221,560 | 1,419,100 | 1,540,900 |
| Issued Debt Securities | HUF mil | 44,513 | 62,884 | 81,667 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | -13.0 | 19.6 | 17.7 |
| ROA | % | -1.15 | 2.18 | 2.57 |
| Costs (As % Of Assets) | % | 4.50 | 3.07 | 3.20 |
| Costs (As % Of Income) | % | 78.7 | 55.9 | 54.1 |
| Capital Adequacy Ratio | % | 21.6 | 21.6 | 19.6 |
| Net Interest Margin | % | 3.25 | 2.86 | 3.07 |
| Loans (As % Of Deposits) | % | 81.7 | 72.0 | 72.9 |
| NPLs (As % Of Loans) | % | 18.5 | 9.55 | 5.48 |
| Provisions (As % Of NPLs) | % | 59.2 | 75.4 | 90.0 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -22.4 | -0.075 | 15.9 |
| Operating Cost Growth | % | -54.6 | -29.0 | 12.1 |
| Operating Profit Growth | % | -148 | 107 | 20.7 |
| Net Profit Growth | % | -78.3 | -297 | 26.3 |
| Customer Loan Growth | % | -16.3 | 2.30 | 10.0 |
| Total Asset Growth | % | 1.96 | 6.38 | 8.41 |
| Customer Deposit Growth | % | -0.476 | 16.2 | 8.58 |
| Shareholders' Equity Growth | % | -9.52 | 75.3 | 20.7 |
| Employees | 2,901 | 2,873 | 3,047 | |
Get all company financials in excel:
| summary | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||||||
| Net Interest Income | HUF mil | 116,100 | 103,780 | 91,829 | 82,565 | 62,003 | |||||||||||||
| Total Revenues | HUF mil | 157,046 | 134,231 | 132,166 | 140,437 | 109,041 | |||||||||||||
| Operating Profit | HUF mil | ... | ... | 97,411 | 52,453 | 45,487 | -48,468 | 23,237 | |||||||||||
| Net Profit | HUF mil | -149,403 | -6,113 | -24,939 | -101,383 | -22,010 | |||||||||||||
| balance sheet | |||||||||||||||||||
| Interbank Loans | HUF mil | 226,109 | 127,822 | 132,183 | 341,112 | 278,436 | |||||||||||||
| Customer Loans | HUF mil | 2,309,750 | 1,583,540 | 1,360,770 | 1,192,570 | 998,292 | |||||||||||||
| Debt Securities | HUF mil | 305,488 | 551,878 | 388,155 | 229,532 | 372,924 | |||||||||||||
| Total Assets | HUF mil | 3,247,940 | 2,788,200 | 2,266,720 | 1,887,160 | 1,924,170 | |||||||||||||
| Shareholders' Equity | HUF mil | ... | ... | 177,791 | 210,585 | 183,793 | 177,122 | 160,268 | |||||||||||
| Interbank Borrowing | HUF mil | 1,684,380 | 1,159,350 | 817,278 | 237,912 | 290,768 | |||||||||||||
| Customer Deposits | HUF mil | 1,201,880 | 1,360,290 | 1,215,810 | 1,227,410 | 1,221,560 | |||||||||||||
| Issued Debt Securities | HUF mil | 88,668 | 57,976 | 49,837 | 48,291 | 44,513 | |||||||||||||
| ratios | |||||||||||||||||||
| ROE | % | ... | ... | -91.9 | -3.15 | -12.6 | -56.2 | -13.0 | |||||||||||
| ROA | % | -4.82 | -0.203 | -0.987 | -4.88 | -1.15 | |||||||||||||
| Costs (As % Of Assets) | % | ... | ... | 1.92 | 2.71 | 3.43 | 9.10 | 4.50 | |||||||||||
| Costs (As % Of Income) | % | ... | ... | 38.0 | 60.9 | 65.6 | 135 | 78.7 | |||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 17.2 | 17.9 | 17.6 | 21.3 | 21.6 | |||
| Net Interest Margin | % | 3.74 | 3.44 | 3.63 | 3.98 | 3.25 | |||||||||||||
| Interest Income (As % Of Revenues) | % | 73.9 | 77.3 | 69.5 | 58.8 | 56.9 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 18.5 | 20.8 | 29.6 | 30.6 | 39.1 | |||||||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | 44.5 | 29.8 | 30.3 | 13.2 | 30.6 | |||||||||||
| Equity (As % Of Assets) | % | ... | ... | 5.47 | 7.55 | 8.11 | 9.39 | 8.33 | |||||||||||
| Loans (As % Of Deposits) | % | 192 | 116 | 112 | 97.2 | 81.7 | |||||||||||||
| Loans (As % Assets) | % | 71.1 | 56.8 | 60.0 | 63.2 | 51.9 | |||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 18.0 | 21.3 | 26.1 | 26.3 | 18.5 | |||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 70.1 | 64.0 | 62.1 | 62.3 | 59.2 | |||
| valuation | |||||||||||||||||||
| Book Value Per Share Growth | % | ... | 2.74 | -10.6 | -11.5 | -10.1 | -24.9 |
| income statement | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||||||
| Interest Income | HUF mil | 208,726 | 209,496 | 162,545 | 119,962 | 91,158 | |||||||||||||
| Interest Cost | HUF mil | 92,626 | 105,716 | 70,716 | 37,397 | 29,155 | |||||||||||||
| Net Interest Income | HUF mil | 116,100 | 103,780 | 91,829 | 82,565 | 62,003 | |||||||||||||
| Net Fee Income | HUF mil | 29,055 | 27,922 | 39,110 | 43,009 | 42,591 | |||||||||||||
| Other Income | HUF mil | 11,891 | 2,529 | 1,227 | 14,863 | 4,447 | |||||||||||||
| Total Revenues | HUF mil | 157,046 | 134,231 | 132,166 | 140,437 | 109,041 | |||||||||||||
| Staff Cost | HUF mil | ... | ... | 26,532 | 24,389 | 26,299 | 24,941 | 26,226 | |||||||||||
| Depreciation | HUF mil | 5,163 | 5,186 | 5,660 | 6,114 | 6,401 | |||||||||||||
| Other Cost | HUF mil | 27,940 | 52,203 | 54,720 | 157,850 | 53,177 | |||||||||||||
| Operating Cost | HUF mil | ... | ... | 59,635 | 81,778 | 86,679 | 188,905 | 85,804 | |||||||||||
| Operating Profit | HUF mil | ... | ... | 97,411 | 52,453 | 45,487 | -48,468 | 23,237 | |||||||||||
| Provisions | HUF mil | ... | ... | 334,158 | 295,953 | 262,689 | 233,535 | 122,696 | |||||||||||
| Extra and Other Cost | HUF mil | ... | ... | 15,514 | -8,484 | 5,759 | 915 | 1.00 | |||||||||||
| Pre-Tax Profit | HUF mil | -143,911 | -394 | -21,742 | -97,487 | -18,571 | |||||||||||||
| Tax | HUF mil | 5,492 | 5,719 | 3,197 | 3,897 | 3,440 | |||||||||||||
| Minorities | HUF mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Net Profit | HUF mil | -149,403 | -6,113 | -24,939 | -101,383 | -22,010 | |||||||||||||
| growth rates | |||||||||||||||||||
| Net Interest Income Growth | % | ... | 2.74 | -10.6 | -11.5 | -10.1 | -24.9 | ||||||||||||
| Net Fee Income Growth | % | ... | 2.23 | -3.90 | 40.1 | 9.97 | -0.972 | ||||||||||||
| Total Revenue Growth | % | ... | 0.166 | -14.5 | -1.54 | 6.26 | -22.4 | ||||||||||||
| Operating Cost Growth | % | ... | ... | ... | -25.1 | 37.1 | 5.99 | 118 | -54.6 | ||||||||||
| Operating Profit Growth | % | ... | ... | ... | 26.2 | -46.2 | -13.3 | -207 | -148 | ||||||||||
| Pre-Tax Profit Growth | % | ... | -3,594 | -99.7 | 5,418 | 348 | -81.0 | ||||||||||||
| Net Profit Growth | % | ... | 7,645 | -95.9 | 308 | 307 | -78.3 | ||||||||||||
| market share | |||||||||||||||||||
| Market Share in Revenues | % | 11.8 | 14.9 | 13.2 | 13.3 | 12.8 | |||||||||||||
| Market Share in Net Profit | % | ... | ... | ... | ... | ... | ... | ... | |||||||||||
| Market Share in Employees | % | ... | ... | ... | ... | 7.02 | 6.40 | 6.82 | 7.06 | 7.59 | |||||||||
| Market Share in Branches | % | ... | ... | ... | ... | 4.15 | 4.23 | 4.16 | 4.15 | 4.59 |
| balance sheet | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | |||||||||||||||||||
| Cash | HUF mil | 328,162 | 148,744 | 54,597 | 70,596 | 111,869 | |||||||||||||
| Interbank Loans | HUF mil | 226,109 | 127,822 | 132,183 | 341,112 | 278,436 | |||||||||||||
| Customer Loans | HUF mil | 2,309,750 | 1,583,540 | 1,360,770 | 1,192,570 | 998,292 | |||||||||||||
| Retail Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,426,890 | 1,188,000 | 1,075,510 | 933,044 | 743,905 | |||
| Mortgage Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 493,151 | ||
| Consumer Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 250,754 | ||
| Corporate Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 710,596 | 544,493 | 435,377 | 375,545 | 330,384 | |||
| Debt Securities | HUF mil | 305,488 | 551,878 | 388,155 | 229,532 | 372,924 | |||||||||||||
| Fixed Assets | HUF mil | 23,754 | 25,002 | 24,731 | 22,209 | 21,631 | |||||||||||||
| Total Assets | HUF mil | 3,247,940 | 2,788,200 | 2,266,720 | 1,887,160 | 1,924,170 | |||||||||||||
| Shareholders' Equity | HUF mil | ... | ... | 177,791 | 210,585 | 183,793 | 177,122 | 160,268 | |||||||||||
| Of Which Minority Interest | HUF mil | ... | ... | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Liabilities | HUF mil | ... | ... | 3,070,140 | 2,577,620 | 2,082,930 | 1,710,040 | 1,763,900 | |||||||||||
| Interbank Borrowing | HUF mil | 1,684,380 | 1,159,350 | 817,278 | 237,912 | 290,768 | |||||||||||||
| Customer Deposits | HUF mil | 1,201,880 | 1,360,290 | 1,215,810 | 1,227,410 | 1,221,560 | |||||||||||||
| Retail Deposits | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 656,385 | 679,958 | 511,380 | 540,683 | 588,258 | |||
| Corporate Deposits | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 306,738 | 429,469 | 338,386 | 270,023 | 322,843 | |||
| Issued Debt Securities | HUF mil | 88,668 | 57,976 | 49,837 | 48,291 | 44,513 | |||||||||||||
| Other Liabilities | HUF mil | ... | ... | 95,214 | 0 | 0 | 196,425 | 207,057 | |||||||||||
| asset quality | |||||||||||||||||||
| Non-Performing Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 476,427 | 462,361 | 423,240 | 375,068 | 207,098 | |||
| Gross Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,643,910 | 2,175,450 | 1,623,460 | 1,426,100 | 1,120,990 | |||
| Provisions | HUF mil | ... | ... | 334,158 | 295,953 | 262,689 | 233,535 | 122,696 | |||||||||||
| growth rates | |||||||||||||||||||
| Customer Loan Growth | % | ... | 2.28 | -31.4 | -14.1 | -12.4 | -16.3 | ||||||||||||
| Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.37 | -16.7 | -9.47 | -13.2 | -20.3 | ||
| Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.177 | -23.4 | -20.0 | -13.7 | -12.0 | ||
| Total Asset Growth | % | ... | 9.97 | -14.2 | -18.7 | -16.7 | 1.96 | ||||||||||||
| Shareholders' Equity Growth | % | ... | ... | ... | 20.8 | 18.4 | -12.7 | -3.63 | -9.52 | ||||||||||
| Customer Deposit Growth | % | ... | 9.99 | 13.2 | -10.6 | 0.954 | -0.476 | ||||||||||||
| Retail Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 12.4 | 3.59 | -24.8 | 5.73 | 8.80 | ||
| Corporate Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7.99 | 40.0 | -21.2 | -20.2 | 19.6 | ||
| market share | |||||||||||||||||||
| Market Share in Customer Loans | % | 12.5 | 9.88 | 8.87 | 7.95 | 7.49 | |||||||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10.4 | 9.16 | 7.62 | 6.39 | 6.23 | |||
| Market Share in Retail Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 12.2 | ||
| Market Share in Consumer Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 18.6 | 18.3 | 17.9 | 16.0 | 14.7 | |||
| Market Share in Mortgage Loans | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 16.4 | ||
| Market Share in Total Assets | % | 8.57 | 8.09 | 6.41 | 5.16 | 5.34 | |||||||||||||
| Market Share in Customer Deposits | % | 8.22 | 9.28 | 8.17 | 7.66 | 6.83 | |||||||||||||
| Market Share in Retail Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.43 | 8.84 | 7.38 | 7.86 | 8.37 | |||
| Market Share in Corporate Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6.96 | 9.80 | 6.74 | 5.17 | 5.41 |
| ratios | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | |||||||||||||||||||
| ROE | % | ... | ... | -91.9 | -3.15 | -12.6 | -56.2 | -13.0 | |||||||||||
| ROA | % | -4.82 | -0.203 | -0.987 | -4.88 | -1.15 | |||||||||||||
| Costs (As % Of Assets) | % | ... | ... | 1.92 | 2.71 | 3.43 | 9.10 | 4.50 | |||||||||||
| Costs (As % Of Income) | % | ... | ... | 38.0 | 60.9 | 65.6 | 135 | 78.7 | |||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 17.2 | 17.9 | 17.6 | 21.3 | 21.6 | |||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 13.6 | 13.0 | 12.5 | 11.8 | 11.1 | |||
| Net Interest Margin | % | 3.74 | 3.44 | 3.63 | 3.98 | 3.25 | |||||||||||||
| Interest Spread | % | ... | ... | ... | 3.58 | 3.20 | 3.40 | 3.80 | 3.11 | ||||||||||
| Asset Yield | % | 6.73 | 6.94 | 6.43 | 5.78 | 4.78 | |||||||||||||
| Cost Of Liabilities | % | ... | ... | ... | 3.15 | 3.74 | 3.03 | 1.97 | 1.68 | ||||||||||
| Interest Income (As % Of Revenues) | % | 73.9 | 77.3 | 69.5 | 58.8 | 56.9 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 18.5 | 20.8 | 29.6 | 30.6 | 39.1 | |||||||||||||
| Other Income (As % Of Revenues) | % | 7.57 | 1.88 | 0.928 | 10.6 | 4.08 | |||||||||||||
| Cost Per Employee | USD per month | ... | ... | ... | ... | 3,791 | 3,431 | 3,537 | 3,129 | 2,750 | |||||||||
| Cost Per Employee (Local Currency) | HUF per month | ... | ... | ... | ... | 762,388 | 772,107 | 791,043 | 746,156 | 753,491 | |||||||||
| Staff Cost (As % Of Total Cost) | % | ... | ... | 44.5 | 29.8 | 30.3 | 13.2 | 30.6 | |||||||||||
| Equity (As % Of Assets) | % | ... | ... | 5.47 | 7.55 | 8.11 | 9.39 | 8.33 | |||||||||||
| Loans (As % Of Deposits) | % | 192 | 116 | 112 | 97.2 | 81.7 | |||||||||||||
| Loans (As % Assets) | % | 71.1 | 56.8 | 60.0 | 63.2 | 51.9 | |||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 18.0 | 21.3 | 26.1 | 26.3 | 18.5 | |||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 70.1 | 64.0 | 62.1 | 62.3 | 59.2 | |||
| Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.5 | 18.7 | 19.3 | 19.6 | 12.3 | |||
| Cost of Provisions (As % Of Loans) | % | ... | ... | 9.89 | 3.15 | 4.18 | 3.77 | 3.82 |
| other data | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | |||||||||||||||||||
| Branches | ... | ... | ... | ... | 143 | 141 | 135 | 129 | 129 | ||||||||||
| Employees | ... | ... | ... | ... | 2,900 | 2,632 | 2,771 | 2,786 | 2,901 | ||||||||||
| ATMs | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 421 | 420 | ... | ... | ... | |
| Clients | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
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 sector accepted retail deposits of HUF 7,738 bil in 2017, up 6.79% when compared to the last year. Erste Bank Hungary accounted...
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 equity of 17.7%. Historically, the bank’s net profit reached an all time high of HUF 54,754 mil in 2017 and an all time low of H...
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 equity of 17.7%. Historically, the bank’s net profit reached an all time high of HUF 54,754 mil in 2017 and an all time low of H...
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 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 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'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...
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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