Gránit Bank was the first bank in Hungary to adopt a digital business model
A Hungarian brand
Gránit Bank, a wholly Hungarian-owned financial institution, started its activity as a greenfield bank in May 2010 and has now become the fastest growing and most cost-effective bank in Hungary, mainly due to the fact that it was the first to adopt a digital banking business model in Hungary.
Customer experience
Fast, convenient and secure financial services provided on favourable terms, which are easily and simply available anywhere and anytime. This is “The Bank of the Future, Today” concept.
Digital bank
Providing personalised financial services to businesses and individuals through digital channels, in an environmentally friendly way.
Dynamic growth
Dynamic portfolio growth and increasing market share. Six years of profitable operation, constantly growing capital, high cost-efficiency.
Gránit Bank was the first bank in Hungary to adopt a digital business model
A Hungarian brand
Gránit Bank, a wholly Hungarian-owned financial institution, started its activity as a greenfield bank in May 2010 and has now become the fastest growing and most cost-effective bank in Hungary, mainly due to the fact that it was the first to adopt a digital banking business model in Hungary.
Customer experience
Fast, convenient and secure financial services provided on favourable terms, which are easily and simply available anywhere and anytime. This is “The Bank of the Future, Today” concept.
Digital bank
Providing personalised financial services to businesses and individuals through digital channels, in an environmentally friendly way.
Dynamic growth
Dynamic portfolio growth and increasing market share. Six years of profitable operation, constantly growing capital, high cost-efficiency.
Principles and values
Gránit Bank aims to offer its customers cutting-edge online banking solutions and digital financial services to provide an outstanding customer experience in terms of convenience, security and speed, and to be a stable partner for value-added businesses, all this while operating effectively.
  • Innovative, market-leading digital banking services
  • Gránit VideoBank, Gránit eBank application, Gránit Lock function, Google Pay and Apple Pay mobile payment
  • Thanks to our digital solutions, we save hundreds of trees every year and reduce pollutant emissions
  • Clean organisation, effective local decision-making
  • Green, sustainable operation
  • Transparent operations; well-structured, predictable processes and conservative lending and liquidity management
Gránit Bank is a reliable partner for value-adding businesses. The Bank’s innovative digital solutions make banking easier for retail customers.
Gránit BANK’S STRATEGY
Digital financial services and conservative lending
Gránit Bank is the first digital bank in Hungary, offering market-leading solutions which
upon request, can be combined with personal consultancy;
make the management of finances simpler and more convenient;
offer customisability and cost-effective solutions.
Gránit Bank’s Strategy
Developing simple, convenient and cost-effective solutions for retail customers by providing innovative electronic banking and financial services in order to deliver a superior customer experience.
Offering favourable conditions to customers through a cost-effective business model that is based on digital tools and opportunities, ensuring the long-term stable functioning of the bank.
Providing comprehensive financial and funding solutions for corporate clients.
Three Strategic Pillars
Innovative digital banking services
The spreading and potential of smart and mobile devices are bringing the management of finances to a whole new level.
Conservative lending practices
In addition to innovation, conservative and prudent lending is at the heart of the Bank’s operations.
High liquidity, cost-effective operating model
The Bank’s business model ensures high liquidity and cost-effective operations, which translate to permanently favourable conditions for customers.
The Story of Gránit Bank
Results
Dynamic growth over the last 12 years
Dynamic growth
A balance sheet total over HUF 1000 billion. An average annual growth of 48.3%
Stable profit
A profit before tax of HUF 13 billion in 2022. Profitable operations for 9 years, increasing the Bank’s capital.
Efficient operation
Nearly 100% high-quality portfolio. Our operating expenses, expressed as a percentage of the balance sheet total, stand at 1.1%, which is significantly lower than the banking sector average of 2.3%
Gránit Bank has excellent liquidity and credit quality as well as a high Capital Adequacy Ratio.
The Bank has been able to make a profit 4 years after its foundation
A Capital Adequacy Ratio (CAR) of approx. 20%
Capital Adequacy Ratio is an important financial indicator for the measurement of banks’ available capital, which ensures the comparability of individual banks.
~63% Loan-to-Deposit Ratio (LDR)
Awards
We work steadily to provide the best possible service to our customers and others appreciate this. Gránit Bank has won several awards since its establishment.
If you are interested in finding out more about our Bank, you can view our flippable brochure HERE!
Our Partners
Our key strategic partners
Our strategic partners
Our sales partners
Name Legalteam Inc.
Address 11 Vendel street, Budapest 1096
Registration number 12892659
Mediated product identification of the residental bank account opening customers
Name Stratos Pénzügyi Közvetítő Inc.
Address 44 Benczúr street, Budapest 1068
Registration number 12569294
Mediated product residental bank account opening, identification
Name Address Registration number Mediated product
Legalteam Inc. 11 Vendel street, Budapest 1096 12892659 identification of the residental bank account opening customers
Stratos Pénzügyi Közvetítő Inc. 44 Benczúr street, Budapest 1068 12569294 residental bank account opening, identification
Correspondent banking connections
Currency Correspondent bank BIC(Swift) code
AUD ING BELGIUM NV/SA, BRUSSELS BBRUBEBB
CHF ING BELGIUM NV/SA, BRUSSELS BBRUBEBB
CNY BANK OF CHINA(HONG KONG) LTD., HONG KONG BKCHHKHH
DKK ING BELGIUM NV/SA, BRUSSELS BBRUBEBB
EUR ING BELGIUM NV/SA, BRUSSELS BBRUBEBB
GBP ING BELGIUM NV/SA, BRUSSELS BBRUBEBB
HUF NATIONAL BANK OF HUNGARY, BUDAPEST MANEHU2A
JPY ING BELGIUM NV/SA, BRUSSELS BBRUBEBB
NOK ING BELGIUM NV/SA, BRUSSELS BBRUBEBB
PLN BANK POLSKA KASA OPIEKI SA PKOPPLPW
SEK ING BELGIUM NV/SA, BRUSSELS BBRUBEBB
USD ING BELGIUM NV/SA, BRUSSELS BBRUBEBB

Ownership structure

Ownership structure
45.33%
TiberisDigital Tanácsadó Ltd.
35.13%
Gránit Bank Employee Ownership Program
6.23%
Pannonia Pension Fund
4.71%
MBH Gondoskodás Pension Fund
4.51%
E.P.M Tanácsadó Ltd.
3.70%
Széchenyi Funds
0.39%
Other private investors
Board of Directors
Éva Hegedüs
Chairman & CEO
Péter Jendrolovics
Deputy CEO
János Major
Deputy CEO
Judit Tóth
Ph.D. External member
István Vida
External member
Supervisory Board

Sándor Nyúl

Chairman

Márton Oláh

Supervisory Board Member

Szabolcs Tóth

Supervisory Board Member

Dr. Judit Gubuznai

Supervisory Board Member

István Árkovics

Supervisory Board Member

Management

Jenő Siklós

First Deputy CEO

Finance and Operations Division

László Hankiss

First Deputy CEO

Strategy and Analisys Division

Zoltán Tölgyesi

Deputy CEO

Corporate Banking Division

Péter Jendrolovics

Deputy CEO

Retail Banking Division

János Major

Deputy CEO

IT and Subsidiary Coordination

Zoltán Nagy

Deputy CEO

Compliance Division

Zsolt Lengyel

Acting Managing Director

IT Directorate

Mihály Szabó-Ander

Managing Director

Risk Management

Zoltán Bede

Managing Director

Treasury

Financial Statements /Annual Reports

CONSOLIDATED ANNUAL FINANCIAL STATEMENTS 2023 - WITH AN INDEPENDENT AUDITOR’S REPORT

CONSOLIDATED ANNUAL FINANCIAL STATEMENTS 2022 - WITH AN INDEPENDENT AUDITOR’S REPORT

CONSOLIDATED ANNUAL FINANCIAL STATEMENTS 2021 - WITH AN INDEPENDENT AUDITOR’S REPORT

CONSOLIDATED ANNUAL FINANCIAL STATEMENTS 2020 - WITH AN INDEPENDENT AUDITOR’S REPORT

CONSOLIDATED ANNUAL FINANCIAL STATEMENTS 2019 - WITH AN INDEPENDENT AUDITOR’S REPORT

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