August 23, 2017 6:30 PM ET

Banks

Company Overview of Kereskedelmi és Hitelbank Zártköruen Muködo Részvénytársaság

Company Overview

Kereskedelmi és Hitelbank Zártköruen Muködo Részvénytársaság provides various banking products and services to retail, private, and corporate clients in Hungary. It offers term deposits, savings deposits, retail foreign currency accounts, and current accounts; home, personal, home equity, business, and agricultural loans, as well as leasing and overdraft facilities; and debit and credit cards. The company also provides medium and long term investments; a range of life and non-life insurance products to private persons and SMEs; premium banking and electronic services; cash management, liquidity management, risk management, and funding solutions; and investment advice, tax advice, and wealth ...

Lechner Ödön Fasor 9

Budapest,  1095

Hungary

Founded in 1987

4,000 Employees

Phone:

36 1 328 9000

Fax:

36 1 328 9696

Key Executives for Kereskedelmi és Hitelbank Zártköruen Muködo Részvénytársaság

Chief Executive Officer and Director
Age: 61
Chairman of the Board
Chief Financial Officer
Head of Operations Division and Senior Executive Director
Deputy Chief Executive Officer and Director
Compensation as of Fiscal Year 2017.

Kereskedelmi és Hitelbank Zártköruen Muködo Részvénytársaság Key Developments

The K and H Banking Group's Announces Earnings Results for the First Quarter of 2017

The K and H banking group's announced earnings results for the first quarter of 2017. For the quarter, the company reported profit after tax 8% year-on-year to HUF 10.1 billion as client numbers rose while costs and taxes.

K&H Bank Announces Executive Changes

KBC Group announced that Rik Scheerlinck will be replaced as CEO of K&H Bank and Country CEO, Hungary, by David Moucheron, the current CEO of CBC Banque in Belgium, subject to the approval of the Hungarian regulator.

K and H Bank Announces Earnings Results for the Year 2016

K and H Bank announced earnings results for the year 2016. The bank reported net interest revenue fell 5% to HUF 70.0 billion. Net revenue from commissions and fees rose 1% to HUF 52.7 billion. Return on equity was 16.2%. Consolidated after-tax profit rose 3% to HUF 39.2 billion in 2016.

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