By Helgi Library - September 30, 2018
UniCredit Bank Hungary made a net profit of HUF 51,091 mil in 2017, down 4.83% compared to the previous year. This implies a ret...
By Helgi Library - September 30, 2018
UniCredit Bank Hungary made a net profit of HUF 51,091 mil in 2017, down 4.83% compared to the previous year. This implies a ret...
By Helgi Library - September 30, 2018
UniCredit Bank Hungary's customer deposits reached HUF 1,643,830 mil in 2017, up 6.33% compared to the previous year. Hungarian...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | HUF mil | 63,936 | 62,906 | 58,311 |
| Net Fee Income | HUF mil | 39,241 | 39,853 | 41,572 |
| Other Income | HUF mil | 16,705 | 26,757 | 20,611 |
| Total Revenues | HUF mil | 119,882 | 129,516 | 120,494 |
| Staff Cost | HUF mil | 17,090 | 17,939 | 18,646 |
| Operating Profit | HUF mil | 56,776 | 71,091 | 58,197 |
| Provisions | HUF mil | 9,757 | 4,487 | 1,853 |
| Net Profit | HUF mil | 38,701 | 53,685 | 51,091 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | HUF mil | 910,386 | 797,156 | 607,456 |
| Customer Loans | HUF mil | 1,057,010 | 1,115,460 | 1,204,960 |
| Total Assets | HUF mil | 2,709,500 | 2,737,010 | 2,746,780 |
| Shareholders' Equity | HUF mil | 249,569 | 299,326 | 339,036 |
| Interbank Borrowing | HUF mil | 829,502 | 729,254 | 555,151 |
| Customer Deposits | HUF mil | 1,504,820 | 1,546,000 | 1,643,830 |
| Issued Debt Securities | HUF mil | 87,258 | 44,386 | 78,225 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 16.4 | 19.6 | 16.0 |
| ROA | % | 1.57 | 1.97 | 1.86 |
| Costs (As % Of Assets) | % | 2.55 | 2.15 | 2.27 |
| Costs (As % Of Income) | % | 52.6 | 45.1 | 51.7 |
| Capital Adequacy Ratio | % | 18.2 | 22.0 | 23.7 |
| Net Interest Margin | % | 2.59 | 2.31 | 2.13 |
| Loans (As % Of Deposits) | % | 70.2 | 72.2 | 73.3 |
| NPLs (As % Of Loans) | % | 17.6 | 11.8 | 10.2 |
| Provisions (As % Of NPLs) | % | 31.2 | 37.7 | 36.6 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -2.02 | 8.04 | -6.97 |
| Operating Cost Growth | % | -32.9 | -7.42 | 6.63 |
| Operating Profit Growth | % | 100 | 25.2 | -18.1 |
| Net Profit Growth | % | 141 | 38.7 | -4.83 |
| Customer Loan Growth | % | 7.55 | 5.53 | 8.02 |
| Total Asset Growth | % | 21.2 | 1.02 | 0.357 |
| Customer Deposit Growth | % | 24.5 | 2.74 | 6.33 |
| Shareholders' Equity Growth | % | 12.2 | 19.9 | 13.3 |
| Employees | 1,700 | 1,728 | 1,756 | |
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 | 62,721 | 62,651 | 59,428 | 65,290 | 63,936 | |||||||||||||
| Total Revenues | HUF mil | 86,654 | 75,660 | 102,044 | 122,349 | 119,882 | |||||||||||||
| Operating Profit | HUF mil | 46,430 | 35,570 | 34,805 | 28,354 | 56,776 | |||||||||||||
| Net Profit | HUF mil | 14,516 | 20,972 | 6,448 | 16,030 | 38,701 | |||||||||||||
| balance sheet | |||||||||||||||||||
| Interbank Loans | HUF mil | 90,115 | 180,308 | 170,270 | 810,119 | 910,386 | |||||||||||||
| Customer Loans | HUF mil | 1,142,000 | 964,668 | 910,518 | 982,769 | 1,057,010 | |||||||||||||
| Debt Securities | HUF mil | 388,759 | 457,714 | 636,159 | 373,749 | 644,221 | |||||||||||||
| Total Assets | HUF mil | 1,697,890 | 1,657,410 | 1,769,700 | 2,235,740 | 2,709,500 | |||||||||||||
| Shareholders' Equity | HUF mil | 186,957 | 207,476 | 207,721 | 222,334 | 249,569 | |||||||||||||
| Interbank Borrowing | HUF mil | 365,467 | 338,415 | 415,719 | 667,823 | 829,502 | |||||||||||||
| Customer Deposits | HUF mil | 1,052,160 | 1,022,020 | 1,067,020 | 1,208,240 | 1,504,820 | |||||||||||||
| Issued Debt Securities | HUF mil | 36,439 | 28,767 | 28,597 | 93,095 | 87,258 | |||||||||||||
| ratios | |||||||||||||||||||
| ROE | % | 7.85 | 10.6 | 3.11 | 7.45 | 16.4 | |||||||||||||
| ROA | % | 0.895 | 1.25 | 0.376 | 0.800 | 1.57 | |||||||||||||
| Costs (As % Of Assets) | % | 2.48 | 2.39 | 3.92 | 4.69 | 2.55 | |||||||||||||
| Costs (As % Of Income) | % | 46.4 | 53.0 | 65.9 | 76.8 | 52.6 | |||||||||||||
| Capital Adequacy Ratio | % | ... | 14.3 | 18.3 | 19.4 | 16.1 | 18.2 | ||||||||||||
| Net Interest Margin | % | 3.87 | 3.73 | 3.47 | 3.26 | 2.59 | |||||||||||||
| Interest Income (As % Of Revenues) | % | 72.4 | 82.8 | 58.2 | 53.4 | 53.3 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 31.1 | 22.5 | 31.1 | 30.2 | 32.7 | |||||||||||||
| Staff Cost (As % Of Total Cost) | % | 40.5 | 41.3 | 24.3 | 17.9 | 27.1 | |||||||||||||
| Equity (As % Of Assets) | % | 11.0 | 12.5 | 11.7 | 9.94 | 9.21 | |||||||||||||
| Loans (As % Of Deposits) | % | 109 | 94.4 | 85.3 | 81.3 | 70.2 | |||||||||||||
| Loans (As % Assets) | % | 67.3 | 58.2 | 51.5 | 44.0 | 39.0 | |||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.0 | 17.6 | ||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 51.6 | 31.2 | ||
| valuation | |||||||||||||||||||
| Book Value Per Share Growth | % | ... | 6.61 | -0.112 | -5.14 | 9.86 | -2.07 |
| 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 | 130,275 | 137,001 | 113,520 | 99,468 | 91,592 | |||||||||||||
| Interest Cost | HUF mil | 67,554 | 74,350 | 54,092 | 34,178 | 27,656 | |||||||||||||
| Net Interest Income | HUF mil | 62,721 | 62,651 | 59,428 | 65,290 | 63,936 | |||||||||||||
| Net Fee Income | HUF mil | 26,961 | 17,061 | 31,696 | 36,960 | 39,241 | |||||||||||||
| Other Income | HUF mil | -3,028 | -4,052 | 10,920 | 20,099 | 16,705 | |||||||||||||
| Total Revenues | HUF mil | 86,654 | 75,660 | 102,044 | 122,349 | 119,882 | |||||||||||||
| Staff Cost | HUF mil | 16,274 | 16,542 | 16,306 | 16,790 | 17,090 | |||||||||||||
| Depreciation | HUF mil | 2,695 | 3,086 | 4,985 | 2,846 | 2,129 | |||||||||||||
| Other Cost | HUF mil | 21,255 | 20,462 | 45,948 | 74,359 | 43,887 | |||||||||||||
| Operating Cost | HUF mil | 40,224 | 40,090 | 67,239 | 93,995 | 63,106 | |||||||||||||
| Operating Profit | HUF mil | 46,430 | 35,570 | 34,805 | 28,354 | 56,776 | |||||||||||||
| Provisions | HUF mil | 26,170 | 9,708 | 26,358 | 10,739 | 9,757 | |||||||||||||
| Extra and Other Cost | HUF mil | 2,354 | -181 | 248 | -2,112 | -2,767 | |||||||||||||
| Pre-Tax Profit | HUF mil | 17,906 | 26,043 | 8,199 | 19,727 | 49,786 | |||||||||||||
| Tax | HUF mil | 3,390 | 5,071 | 1,751 | 3,697 | 11,085 | |||||||||||||
| Minorities | HUF mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||
| Net Profit | HUF mil | 14,516 | 20,972 | 6,448 | 16,030 | 38,701 | |||||||||||||
| Dividends | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10,000 | 5,000 | 11,627 | ... | ... | ... |
| growth rates | |||||||||||||||||||
| Net Interest Income Growth | % | ... | 6.61 | -0.112 | -5.14 | 9.86 | -2.07 | ||||||||||||
| Net Fee Income Growth | % | ... | 4.34 | -36.7 | 85.8 | 16.6 | 6.17 | ||||||||||||
| Total Revenue Growth | % | ... | 0.741 | -12.7 | 34.9 | 19.9 | -2.02 | ||||||||||||
| Operating Cost Growth | % | ... | -2.74 | -0.333 | 67.7 | 39.8 | -32.9 | ||||||||||||
| Operating Profit Growth | % | ... | 3.96 | -23.4 | -2.15 | -18.5 | 100 | ||||||||||||
| Pre-Tax Profit Growth | % | ... | -23.2 | 45.4 | -68.5 | 141 | 152 | ||||||||||||
| Net Profit Growth | % | ... | -22.8 | 44.5 | -69.3 | 149 | 141 | ||||||||||||
| market share | |||||||||||||||||||
| Market Share in Revenues | % | 6.52 | 8.41 | 10.2 | 11.6 | 14.0 | |||||||||||||
| Market Share in Net Profit | % | ... | ... | 20.7 | ... | ... | |||||||||||||
| Market Share in Employees | % | 4.76 | 4.57 | 4.42 | 4.39 | 4.45 | |||||||||||||
| Market Share in Bank Cards | % | ... | ... | ... | ... | ... | ... | ... | ... | 3.54 | 3.72 | 3.90 | 3.41 | 3.44 | ... | ... | |||
| Market Share in Branches | % | ... | ... | ... | ... | 3.83 | 3.60 | 3.08 | 2.73 | 1.99 |
| 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 | 8,213 | 8,682 | 11,026 | 14,425 | 20,027 | |||||||||||||
| Interbank Loans | HUF mil | 90,115 | 180,308 | 170,270 | 810,119 | 910,386 | |||||||||||||
| Customer Loans | HUF mil | 1,142,000 | 964,668 | 910,518 | 982,769 | 1,057,010 | |||||||||||||
| Retail Loans | HUF mil | ... | ... | ... | ... | 358,626 | 308,003 | 300,015 | 304,929 | 239,584 | |||||||||
| Corporate Loans | HUF mil | ... | ... | ... | ... | 783,376 | 656,665 | 610,503 | 677,840 | 817,430 | |||||||||
| Debt Securities | HUF mil | 388,759 | 457,714 | 636,159 | 373,749 | 644,221 | |||||||||||||
| Fixed Assets | HUF mil | 31,890 | 29,603 | 27,927 | 24,627 | 23,795 | |||||||||||||
| Total Assets | HUF mil | 1,697,890 | 1,657,410 | 1,769,700 | 2,235,740 | 2,709,500 | |||||||||||||
| Shareholders' Equity | HUF mil | 186,957 | 207,476 | 207,721 | 222,334 | 249,569 | |||||||||||||
| Of Which Minority Interest | HUF mil | 2,616 | 392 | 263 | 207 | 220 | |||||||||||||
| Liabilities | HUF mil | 1,510,930 | 1,449,940 | 1,561,980 | 2,013,410 | 2,459,930 | |||||||||||||
| Interbank Borrowing | HUF mil | 365,467 | 338,415 | 415,719 | 667,823 | 829,502 | |||||||||||||
| Customer Deposits | HUF mil | 1,052,160 | 1,022,020 | 1,067,020 | 1,208,240 | 1,504,820 | |||||||||||||
| Retail Deposits | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 482,000 | 671,900 | 686,900 | 700,000 | 600,000 | ||
| Corporate Deposits | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 570,165 | 350,118 | 380,122 | 508,235 | 904,825 | ||
| Sight Deposits | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,035,230 | 1,180,170 | 1,487,390 | ... | ... |
| Term Deposits | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 31,789 | 28,066 | 17,437 | ... | ... |
| Issued Debt Securities | HUF mil | 36,439 | 28,767 | 28,597 | 93,095 | 87,258 | |||||||||||||
| Other Liabilities | HUF mil | 56,861 | 60,735 | 50,646 | 44,258 | 38,349 | |||||||||||||
| asset quality | |||||||||||||||||||
| Non-Performing Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 207,032 | 196,828 | ||
| Gross Loans | HUF mil | 1,231,590 | 1,055,410 | 1,012,680 | 1,089,640 | 1,118,340 | |||||||||||||
| Total Provisions | HUF mil | 89,591 | 90,745 | 102,167 | 106,875 | 61,420 | |||||||||||||
| growth rates | |||||||||||||||||||
| Customer Loan Growth | % | ... | 4.85 | -15.5 | -5.61 | 7.94 | 7.55 | ||||||||||||
| Retail Loan Growth | % | ... | ... | ... | ... | ... | 1.76 | -14.1 | -2.59 | 1.64 | -21.4 | ||||||||
| Corporate Loan Growth | % | ... | ... | ... | ... | ... | 6.32 | -16.2 | -7.03 | 11.0 | 20.6 | ||||||||
| Total Asset Growth | % | ... | 9.77 | -2.38 | 6.78 | 26.3 | 21.2 | ||||||||||||
| Shareholders' Equity Growth | % | ... | 2.18 | 11.0 | 0.118 | 7.03 | 12.2 | ||||||||||||
| Customer Deposit Growth | % | ... | 7.75 | -2.87 | 4.40 | 13.2 | 24.5 | ||||||||||||
| Retail Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 39.4 | 2.23 | 1.91 | -14.3 | ||
| Corporate Deposit Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -38.6 | 8.57 | 33.7 | 78.0 | ||
| market share | |||||||||||||||||||
| Market Share in Customer Loans | % | 6.19 | 6.02 | 5.93 | 6.55 | 7.93 | |||||||||||||
| Market Share in Corporate Loans | % | ... | ... | ... | ... | 11.4 | 11.0 | 10.7 | 11.5 | 15.4 | |||||||||
| Market Share in Consumer Loans | % | ... | ... | ... | ... | 4.68 | 4.73 | 4.99 | 5.24 | 4.73 | |||||||||
| Market Share in Total Assets | % | 4.48 | 4.81 | 5.01 | 6.11 | 7.51 | |||||||||||||
| Market Share in Customer Deposits | % | 7.20 | 6.97 | 7.17 | 7.54 | 8.41 | |||||||||||||
| Market Share in Retail Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6.19 | 8.74 | 9.91 | 10.2 | 8.53 | ||
| Market Share in Corporate Deposits | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 12.9 | 7.99 | 7.57 | 9.74 | 15.2 |
| ratios | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | |||||||||||||||||||
| ROE | % | 7.85 | 10.6 | 3.11 | 7.45 | 16.4 | |||||||||||||
| ROA | % | 0.895 | 1.25 | 0.376 | 0.800 | 1.57 | |||||||||||||
| Costs (As % Of Assets) | % | 2.48 | 2.39 | 3.92 | 4.69 | 2.55 | |||||||||||||
| Costs (As % Of Income) | % | 46.4 | 53.0 | 65.9 | 76.8 | 52.6 | |||||||||||||
| Capital Adequacy Ratio | % | ... | 14.3 | 18.3 | 19.4 | 16.1 | 18.2 | ||||||||||||
| Net Interest Margin | % | 3.87 | 3.73 | 3.47 | 3.26 | 2.59 | |||||||||||||
| Interest Spread | % | ... | 3.33 | 3.14 | 3.03 | 3.05 | 2.47 | ||||||||||||
| Asset Yield | % | 8.03 | 8.17 | 6.62 | 4.97 | 3.70 | |||||||||||||
| Cost Of Liabilities | % | ... | 4.70 | 5.02 | 3.59 | 1.91 | 1.24 | ||||||||||||
| Payout Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 47.7 | 77.5 | 72.5 | ... | ... | ... |
| Interest Income (As % Of Revenues) | % | 72.4 | 82.8 | 58.2 | 53.4 | 53.3 | |||||||||||||
| Fee Income (As % Of Revenues) | % | 31.1 | 22.5 | 31.1 | 30.2 | 32.7 | |||||||||||||
| Other Income (As % Of Revenues) | % | -3.49 | -5.36 | 10.7 | 16.4 | 13.9 | |||||||||||||
| Cost Per Employee | USD per month | 3,429 | 3,262 | 3,382 | 3,386 | 3,057 | |||||||||||||
| Cost Per Employee (Local Currency) | HUF per month | 689,459 | 734,143 | 756,547 | 807,367 | 837,745 | |||||||||||||
| Staff Cost (As % Of Total Cost) | % | 40.5 | 41.3 | 24.3 | 17.9 | 27.1 | |||||||||||||
| Equity (As % Of Assets) | % | 11.0 | 12.5 | 11.7 | 9.94 | 9.21 | |||||||||||||
| Loans (As % Of Deposits) | % | 109 | 94.4 | 85.3 | 81.3 | 70.2 | |||||||||||||
| Loans (As % Assets) | % | 67.3 | 58.2 | 51.5 | 44.0 | 39.0 | |||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.0 | 17.6 | ||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 51.6 | 31.2 | ||
| Provisions (As % Of Loans) | % | 7.85 | 9.41 | 11.2 | 10.9 | 5.81 | |||||||||||||
| Cost of Provisions (As % Of Loans) | % | 2.35 | 0.922 | 2.81 | 1.13 | 0.957 |
| other data | Unit | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | |||||||||||||||||||
| Branches | ... | ... | ... | ... | 132 | 120 | 100 | 85.0 | 56.0 | ||||||||||
| Employees | 1,967 | 1,878 | 1,796 | 1,733 | 1,700 | ||||||||||||||
| ATMs | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 59.0 | 65.0 | 81.0 | 78.0 | ... | ... | ||
| Clients | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.400 | ... | ... | ... |
| Payment Cards | '000 | ... | ... | ... | ... | ... | ... | ... | ... | 316 | 333 | 350 | 303 | 308 | ... | ... | |||
| Sight (As % Of Customer Deposits) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 97.0 | 97.7 | 98.8 | ... | ... |
| Risk-Weighted Assets | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,089,390 | 1,265,510 | 1,232,010 |
Get all company financials in excel:
By Helgi Library - September 30, 2018
UniCredit Bank Hungary's customer deposits reached HUF 1,643,830 mil in 2017, up 6.33% 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. UniCredit Bank Hu...
By Helgi Library - September 30, 2018
UniCredit Bank Hungary's net interest margin amounted to 2.13% in 2017, down from 2.31% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.87% in 2011 and an all time low of 2.13% in 2017. The avera...
By Helgi Library - September 30, 2018
UniCredit Bank Hungary's net interest margin amounted to 2.13% in 2017, down from 2.31% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.87% in 2011 and an all time low of 2.13% in 2017. The avera...
By Helgi Library - September 30, 2018
UniCredit Bank Hungary's customer loans reached HUF 1,204,960 mil in 2017, up 8.02% 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. UniCredit Bank Hungary ...
By Helgi Library - September 30, 2018
UniCredit Bank Hungary's customer loans reached HUF 1,204,960 mil in 2017, up 8.02% 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. UniCredit Bank Hungary ...
By Helgi Library - September 30, 2018
UniCredit Bank Hungary generated total banking revenues of HUF 120,494 mil in 2017, down 6.97% 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 ...
By Helgi Library - September 30, 2018
UniCredit Bank Hungary generated total banking revenues of HUF 120,494 mil in 2017, down 6.97% 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 ...
By Helgi Library - December 12, 2019
UniCredit Bank Hungary's corporate loans reached HUF 983,834 mil in 2017, up 12.4% 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. UniCredit Bank Hungary a...
By Helgi Library - December 12, 2019
UniCredit Bank Hungary's corporate loans reached HUF 983,834 mil in 2017, up 12.4% 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. UniCredit Bank Hungary a...
By Helgi Library - September 29, 2018
UniCredit Bank Hungary's corporate deposits reached HUF 1,084,030 mil in 2017, up 5.59% 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. UniCredit Bank H...
UniCredit Bank Hungary Zrt. is a Hungary-based subsidiary of the UniCredit Group. The Bank offers its financial products and services to private customers, small and medium size enterprises, and large corporates. The Bank's deposit products include fixed deposits, fixed foreign exchange deposits, current accounts, and savings accounts. The Bank’s loan portfolio primarily comprises personal, mortgage, housing, investment, short-term, subsidized, refinanced investment, and real estate project financing loans, as well as overdrafts, trade finance, and credit guarantees. At the end of 2012, the Bank had some 120 branches units, including 56 branches located in Budapest and 64 branches in Hungary. The company is headquartered in Budapest, Hungary. UniCredit Bank Hungary Zrt. is a subsidiary of Bank Austria AG.
UniCredit Bank Hungary has been growing its revenues and asset by -0.508% and 7.10% a year on average in the last 3 years. Its loans and deposits have grown by 7.03% and 10.8% a year during that time and loans to deposits ratio reached 73.3% at the end of 2017. The company achieved an average return on equity of 17.3% in the last three years with net profit growing 47.2% a year on average. In terms of operating efficiency, its cost to income ratio reached 51.7% in 2017, compared to 49.8% average in the last three years.
Equity represented 12.3% of total assets or 28.1% of loans at the end of 2017. UniCredit Bank Hungary's non-performing loans were 10.2% of total loans while provisions covered some 36.6% of NPLs at the end of 2017.
Helgi Library 
