The following list of banks in Hungary is to be understood within the framework of the European single market, which means that Hungary's banking system is more open to cross-border banking operations than peers outside of the European Union.
The Hungarian National Bank (MNB) is the country's banking supervisor.
Systemically important banks
As of 2025, the following Hungarian banks were designated as systemically important, listed here by decreasing score of systemic importance:[1]
- OTP Bank Nyrt
- MBH Bank Nyrt
- UniCredit Bank Hungary, subsidiary of UniCredit 🇮🇹
- Kereskedelmi és Hitelbank Zrt (K&H Bank), subsidiary of KBC Group 🇧🇪
- Erste Bank Hungary, subsidiary of Erste Group 🇦🇹
- Raiffeisen Bank Hungary, subsidiary of Raiffeisen Bank International 🇦🇹
Other commercial banks
As of March 2026, other commercial banks licensed by the MNB included:[2]
- Bank of China (CEE) Zrt, subsidiary of Bank of China 🇨🇳
- Cofidis Bank Hungary, subsidiary of Cofidis 🇫🇷
- Granit Bank, subsidiary of BDPST Group
- KDB Bank Europa, subsidiary of Korea Development Bank 🇰🇷
- MagNet Magyar Közösségi Bank Zrt, an ethical cooperative bank
- MBH Investment Bank Zrt, subsidiary of MBH Bank
- MBH DUNA Bank Zrt, subsidiary of MBH Bank
- Merkantil Váltó és Vagyonbefektető Bank Zrt (Merkantil Bank), a specialized lending and leasing subsidiary of the OTP Group
- Polgári Bank Zrt, absorbed by MagNet Bank in 2026
Foreign branches
EEA branches
Also as of 2026-3-14, the following credit institutions established in the European Economic Area (EEA) operated a branch in Hungary:[2]
- 🇫🇷 BNP Paribas
- 🇱🇺 China Construction Bank (Europe) SA, subsidiary of CCB 🇨🇳
- 🇮🇪 Citibank Europe plc, subsidiary of Citigroup 🇺🇸
- 🇫🇷 Cofidis
Other banks
The state-owned Hungarian Development Bank and EXIM Magyarország are exempted from the EU Capital Requirements Directives.[5]
Defunct Banks
Banks formerly headquartered on the territory of present-day Hungary
- First National Savings Bank of Pest (1839-1948)
- Hungarian Commercial Bank of Pest (1840-1950)
- Szeged-Csongrád Savings Bank (1845-1948)
- Hungarian General Credit Bank (1867-1948)
- Hungarian Discount and Exchange Bank (1869-1949)
- Hungarian Mortgage Credit Bank (1869-1949)
- Hungarian Postal Savings Bank (1886-1948)
- Hungarian Industrial and Commercial Bank (1890-1902)
See also
- Hungarian economy
- List of Hungarian companies
- List of banks in Europe
References
- The EBA updates list of other systemically important institutions European Banking Authority, 2025-5-15^
- Register Hungarian National Bank, retrieved 2026-3-16^
- Polgári Bank to Be Absorbed by MagNet Bank in Hungary