Look for:

Products

Our capital markets competence in Hungary

Our capital markets competence in Hungary



In Hungary capital markets clients not only profit from Erste Bank Hungary’s strong position in the capital markets business but also from the competence of Erste Investment Hungary, the most rapidly expanding investment services provider in Hungary.


Erste Group in Hungary

Erste Bank entered the Hungarian market in 1997. At that time it acquired formerly state-owned Mezőbank, which was soon renamed Erste Bank Hungary. Following the acquisition of and merger with Postabank in 2003/04, Erste Bank Hungary has developed into one of the leading retail banks in the country. It serves roughly 0.8 million customers in its nationwide network of 200 branch offices. 




Erste Investment Hungary (EIH) – a 100 % subsidiary – is responsible for capital market business. It cooperates very closely with Erste Bank Hungary. As a fully licensed investment company it offers a comprehensive range of financial products and services to its nearly 150.000 clients. EIH is the leading and most rapidly expanding investment services provider in Hungary. It was the largest trader on the Budapest Stock Exchange’s derivative market in 2007, and has generated the greatest turnover in the prompt equity market segment of the Budapest Stock market for eight consecutive years. 


Capital markets business in Hungary

EIH provides brokerage services to foreign and domestic institutional and corporate clients offering a wide range of financial products including domestic and international equities and fixed income products with a 16 % market share in brokerage. In fixed income trading EIH is one of the top 3 primary dealers. To complete our product range Erste Bank Hungary Corporate Finance Group provides the full range of investment banking advisory services in relation to mergers & acquisitions and capital markets transactions. Institutional and corporate clients not only profit from Erste Bank Hungary’s strong position in the capital markets business but also from its broad knowledge and extensive client orientation.

Market insight Hungary

Being a small and open economy, Hungary has strong relationships with the world market, especially with other European Union countries. FDI inflow has played a pivotal role in the fully international integration. After the economic crisis of 2008-2009, the country is in a relatively better position regarding public finances compared to other European countries, due to the austerity measures already conducted during 2006-2009, but structural reforms are still to be made. The Hungarian fixed income market has been providing generous yields but the currency is vulnerable during sell-offs on emerging markets because of relatively high exposure of foreign institutional investors in Hungarian securities.

Mihály Geiszbühl

Head of Treasury




Erste Bank Hungary
Nėpfürdő Str. 24-26.
1138 Budapest
Tel.: +36 1237 – 8201
mihaly.geiszbuhl@erstebank.hu

Róbert Cselovszki

Chief Executive Officer (CEO)




Erste Investment AG
Nėpfürdő Str. 24-26.
1138 Budapest
Tel.: +36 1235 – 5102
robert.cselovszki@erstebroker.hu




Accept

We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.

INFORMATION FOR CORPORATE AND INSTITUTIONAL CLIENTS

Any information, material and services regarding financial instruments and securities provided by Erste Group Bank AG or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites”) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions (the “Interested Party“).

The publication and distribution of information as well as offering and selling of products and services described on the Websites is prohibited by law in some jurisdictions. For this reason, persons in countries in which the publication as well as the offering and selling of products and services described on the Websites are not permitted by law, must not enter the Websites and/or acquire the products displayed on the Websites.

Neither Erste Group nor any third party shall offer access to the Websites or offer the products to especially, but not limited to citizen/residents of the United States and “U.S. person” (as defined in Regulation S under the US Securities Act 1933 as amended), citizen/resident of Australia, Canada, Great Britain and Japan. For this reason, the distribution or redistribution of the information, materials and products into United States, Australia, Canada, Great Britain and Japan or into any other jurisdiction where it is not permitted under the applicable law, as well as to the citizens/residents of these countries shall be prohibited.

The securities displayed on the Websites have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. For this reason the securities may, inter alia, not be offered, sold or delivered within the United States or, for the account and benefit of U.S. persons.

The Interested Party is solely responsible to examine, whether he may enter the Websites under the law applicable to it. Erste Group shall not be responsible for the distribution of content of any of the Websites to individuals or entities which provide false information about their right to enter the Websites. For this reason Erste Group shall not be liable for any legal claims or damages which may result from the unauthorized entering or reading of the Websites.

By agreeing to this hereto, the Interested Party confirms that
(i) It has read, understood and accepted this Information and the Disclaimer;
(ii) It informed itself about any possible legal restriction and warrants that it is not restricted or prohibited to enter the Websites according to any law applicable; and
(iii) It does not make available the contents of the Websites to any person who is not qualified by law to enter the Websites.
(iV) It is no consumer.