MagNet Bank
MagNet Bank (Hungarian: MagNet Magyar Közösségi Bank Zrt., lit. 'MagNet Hungarian Community Bank'), known as the HBW Express Savings Co-operative (Hungarian: HBW Express Takarékszövetkezet) until 2010, is the only community bank in Hungary that practises ethical banking. It is owned by Hungarian citizens.
| Formerly | HBW Express Takarékszövetkezet |
|---|---|
| Type | Public |
| Industry | Financial Services |
| Founded | 7 November 1995 |
| Headquarters | Budapest, Hungary |
Key people | Fáy Zsolt (CEO), Attila Rostás, János Salamon |
| Products | Banking and insurance |
| Ft 1.421 billion (2019) | |
| Total assets | Ft 163.165 billion (2019) |
| Total equity | Ft 14.74 billion (2019) |
| Website | www.netbank.hu |
A bank building in Budapest
MagNet Bank has a network of 12 branches along its center in the capital Budapest. It offers the following financial products: retail, loan, term deposits, community banking products, online banking, debit cards, insurance.
Since 2013 September the MagNet Bank standardised the debit MasterCard. The bank has ATMs at each branch.
See also
External links
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