Erste Bank Hungary Opens Home Savings Bank

Professional ServicesFinancial Services ♦ Published: October 17, 2011; 13:53 ♦ (Vindobona)

According to Imre Szatno. the deputy head of retail division of Erste Bank in Hungary, quoted by Budapest Business Journal, the Erste Group has launched its own home saving bank.

Erste Bank Hungary Opens Home Savings Bank / Picture: © Erste Group / Christian Wind

According to Imre Szatno, the deputy head of retail division of Erste Bank in Hungary, quoted by Budapest Business Journal, the Erste Group has launched its own home saving bank.

The Erste Bank wants to gain a share of 10-12% of Hungary’s home savings market within the next few years stated Szatano. Futhermore, he underlined that the investment is expected to bring profit…