K&H Bank

Bank Information

Bank Name K&H Bank
Bank Short Name K&H Bank
Bank Type Associate Bank
Operating Country Hungary
Number of Domestic Branches 235 (10 of which are corporate regional branches)
Number of non-domestic Branches
Euro N/A

Registered Address

Vigado Ter 1
1051 Budapest
Budapest

Description

K&H Bank, KBC’s majority-owned subsidiary in Hungary, has been an Associate Member of IBOS since 2004.

Contact Information

www.kh.hu

Profile

Founded in 1987 by the Hungarian state. Privatisation in 1998. K&H's majority owner is KBC Bank, which owns 100%. It has approximately 97,000 corporate and SME customers.

Market Position

One of the market leaders in corporate banking
2nd for retail banking

Rating

 Long-Term Short-Term 
Fitch  A- F2
Standard & Poor's                BBBpi 
Moody's Baa3 P-3

Accolades

  • Global Banking & Finance Review - “Best in CSR Programmes Hungary 2011”
  • Global Finance - "Best Trade Finance Provider, Hungary" 2011
  • Global Finance - "Best Trade Finance Provider, Hungary" 2010
  • EmeaFinance - "Best Foreign Bank, Hungary" 2010
  • EmeaFinance - "Best Foreign Bank, Hungary" 2009
  • MasterCard - "Most innovative Bank" 2008
  • The Banker - "Bank of the Year, Hungary" 2008

Membership of Clearings

GIRO: domestic D+1 settlement system in Hungary in HUF
VIBER: same day (RTGS) clearing in Hungary in HUF

Euro Clearings

ndirect membership via KBC Bank NV

Euro

N/A