Gránit Bank - Born Digital

Our strategies, values, and results

Gánit bank.
Gránit logo on the wall.
Gránit Bank is Hungary’s first digital bank, elevating the banking experience to a new level in both everyday financial services and investments through innovative online and AI-based solutions. Our goal is to deliver convenience, speed, and simplicity through our solutions, enabling us to become a stable and reliable long-term partner for both retail and corporate clients.
Granánit bank shop.

Strategic Pillars

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    Digital Innovation

    Simple, fast, and cost-efficient banking experience

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    Conservative Lending

    Security and stability under all market conditions

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    Sustainable, Efficient Operations

    High liquidity and favorable terms for our clients

Our Values

Customer Centricity and Innovation

We develop our daily banking solutions tailored to user needs, leveraging state-of-the-art digital and AI technologies.

Sustainability

Through our digital operations, we reduce paper and energy consumption, lower environmental impact, and contribute to a more sustainable future.

Efficient Operations

With a streamlined organizational structure, transparent processes, prudent lending practices, and responsible liquidity management, we ensure the Bank’s stable and sound operation.

A woman wearing glasses sits at a desk in an office, looking at the camera.

Leadership appearances

Statements by Gránit Bank’s management on the bank’s performance and innovations.

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The Gránit Story

2025


Applying for Worker’s Loan online, also in eBank app (Munkáshitel)

Gránit Bank was the first in Hungary to offer online and mobile app-based applications for the preferential, fixed-rate worker loan.

New savings solutions in eBank

A high-yield savings product combining term deposits and investment funds became available via the mobile app and VideoBank, introducing savers to the world of investments.

Integration of DÁP Identification

DÁP (Digital Citizen Identification) was integrated into the selfie-based account opening process and the mobile app.

NYESZ (Retirement Savings Account) opening in the Mobile App

Customers can open a Retirement Savings Account (NYESZ) directly in the app and easily build a personalized retirement portfolio using securities purchased within the application.

Gránit FairPay as sub-aggregator

The Bank provides qvik-based payment acceptance as a sub-aggregator and, uniquely in the market, supports mass generation of customer-specific QR codes for large-scale billing service providers.

Full Availability of NFC-Based Payments

With the introduction of Garmin and Xiaomi smartwatch payments —followed by bracelet and ring payments, a first in Hungary — the Bank completed its portfolio of Mastercard digitalization and NFC-based contactless payment solutions.

Otthon Start Mortgage with Digital Application and AI Support

Gránit Guru not only answers customer questions related to applications but also performs preliminary loan calculations upon request, including combinations with other housing loans and the Baby Loan. An AI-powered document processing agent supports the verification of submitted loan applications.

Disposable virtual card

To enhance the security of online card payments, a single-use virtual card can be generated in a few clicks and linked to any existing account. The card automatically expires after one transaction, significantly reducing the risk of card data misuse.

2024


Investment Services in Gránit eBank

Everyday banking and investment services became available within a single application. In addition to government bonds, customers can now buy and redeem investment funds and BSE-listed equities with just a few taps.

Gránit Guru

Introduced in 2024, the Gránit Guru chatbot initially supported retail lending inquiries and, from 2025 onward, assists with deposits, bank accounts, payment cards, and cybersecurity topics. In addition to answering questions, it also performs loan calculations.

Enter the Romanian market via cross-border services

Through its cross-border service model, Gránit Bank became the first to enter the Romanian market, offering a trilingual mobile app enabling selfie-based account opening, multi-currency account management, FX exchange, and deposit placement.

Share Subscription in eBank application

In 2024, Gránit Bank was listed on the Budapest Stock Exchange. Share subscriptions were uniquely available via the eBank app, accounting for 90% of total subscriptions.

Share Subscription in eBank application

In 2024, Gránit Bank was listed on the Budapest Stock Exchange. Share subscriptions were uniquely available via the eBank app, accounting for 90% of total subscriptions.

SME Account Opening via VideoBank

Fully digital, unrestricted online account opening and account administration via VideoBank became available for corporate and SME clients.

Fraud prevention solution to preventing phishing

A new mobile banking feature enables customers to verify whether they are genuinely speaking with a bank representative during an ongoing call, effectively protecting against phishing and social engineering attacks.

2023


Paying cheques digitally

In the eBank mobile app, users can scan yellow and white payment slips using their phone camera, then approve transactions via biometric authentication for fast and convenient payments.

Instant HUF and Foreign Currency debit card

Existing customers can instantly apply for and activate HUF-, EUR-, and USD-denominated bank cards directly in the eBank app.

Currency exchange at mid-market rates

Clients can exchange currencies in real time at mid-market FX rates—without additional fees—for EUR, USD, CHF, and GBP (and from 2025, RON) during business hours, up to HUF 650,000 per month.

Open foreign currency account instantly from the app

Customers with an existing HUF account can open foreign currency accounts in just a few clicks via the mobile app. New customers can also request FX accounts during selfie-based or VideoBank onboarding.

Digital Baby Loan 2.0 (Babaváró Kölcsön)

The Bank further enhanced the fully digital application process for the government-subsidized Baby Loan, which can now be completed from home in as little as 30 minutes, followed by contract signing via video identification.

Opening securities account + buying and selling government bond in eBank

Securities accounts can be opened in a few clicks in the eBank app, allowing customers to purchase Hungarian government bonds from the Bank’s offering free of charge.

2022


Gránit Family App

We launched the Gránit Family app for the 6–18 age group, enabling young users—under parental supervision—to manage their finances. The related bank account can be opened fully online, without visiting a branch.

Gránit FairPay

We introduced FairPay, a simple, fast, and competitively priced payment solution, enabling, for example, the immediate payment of exam fees via the NEPTUN system.

2021


Gránit Hero (Hős)

During the pandemic, we wanted to express our gratitude to healthcare professionals for their dedicated work using our own means. That is why we created the Gránit Hero 0 HUF account package, which clearly stands out among the account packages currently available on the market thanks to its benefits, which are valid for the duration of the healthcare employment relationship.

Online contracting for „Babaváró” loan

From 2021 the contract for „Babaváró” loan can be signed online via VideoBank. This way the whole process of getting the loan (including the application and the contract process) is manageable online.

Gránit Eco Calculator

In 2021, as one of the first commercial banks in the world, Gránit Bank introduced the Eco Calculator based on Mastercard’s Carbon Calculator solution. This tool shows the CO₂ emissions associated with card-based spending and also offers the option to offset those emissions through tree planting.

Gránit Home Calculator

The Gránit Home Calculator also allows users to calculate home purchase loans combined with state subsidies. This makes it possible to create the most favorable, personalized financing solution for buying a home.

Sustainable bank cards

In 2021, the Gránit Standard Mastercard engraved and embossed bank cards were renewed: they are now made from faster-degrading, environmentally friendly plastic and have also received a new design.

2020


Gránit Digital Card service

Gránit Bank was the first Hungarian bank to provide its new customers with a plastic-free digital bank card suitable for purchases, as early as on the next day after the account opening.

Predictable housing loan

Try our smart digital calculator to calculate the exact housing loan amount that you can apply for with Gránit Bank.

“FGS Go” (NHP Hajrá) online

For the first time in Hungary, the “FGS Go” (NHP Hajrá) business loan is available with immediate online screening and fast online application.

Payment requests and QR code payments

In the Instant Payment System, the Bank enables the initiation and receipt of Payment Requests and QR code payments (the QR codes must be compliant with the standards specified by the Hungarian National Bank).

Opening a bank account with a selfie

For the first time in Hungary, customers can open a fully-operational retail bank account with Gránit Bank anywhere and at any time, without visiting a bank branch. A few minutes and a selfie – that’s all it takes.

2019


Apple Pay

From the beginning of July, Gránit Bank made Apple Pay available to its customers with iOS devices, which allows easy and fast payment in stores, online or in mobile apps. The use of Touch ID or Face ID makes these payments highly secure.

Online purchases of government bonds and online application for “Babaváró” loan

The Bank has expanded its offering with a few new convenient services available from home: customers can now open a securities account, purchase government bonds, or apply for a “Babaváró” loan fully online.

2018


New eBank app with spending analytics feature (PFM)

For the first time in Hungary, spending and revenues can be monitored easily through impressive diagrams using the spending analytics feature of the eBank mobile app. In the renewed eBank app, it is now possible to make a transfer or a term deposit or change your card limit with just a few taps.

2017


Account opening with video identification

Gránit Bank is the first-ever bank in Hungary to open an account using video identification through the renewed Gránit VideoBank app. Thanks to this completely online process, customers can open a fully-operational retail bank account from anywhere in the country without having to visit a bank branch.

2016


New-generation mobile payment

Gránit Bank is the first in Europe and Hungary to launch a new generation mobile payment service based on the Mastercard and digital wallet technologies, which is called Gránit Pay.

2015


Lock function

For the first time in the country, the Gránit Lock feature allows customers to lock their bank card immediately in the mobile app and then unlock it with one finger tap.

2014


iSMS mobile app

For the first time in Hungary, the Bank’s customers who have installed the Gránit Messenger application receive notifications about their account movements and bank card transactions on their mobile phone or tablet through free Internet-based text messages (iSMSs) instead of normal SMSs.

2012


VideoBank

VideoBank was the first-ever personal online banking app in Hungary; first, it only had a desktop, then a tablet version and finally a mobile app was rolled out.

2010


The beginning of Gránit Bank’s Operations

On May 7, with the authorisation of the Hungarian Financial Supervisory Authority (PSZÁF), Gránit Bank, founded and owned by entrepreneur Sándor Demján, started its activity. Right from the beginning, this wholly Hungarian and privately owned bank has chosen to adopt a digital business strategy, serving its customers without a branch network, primarily through electronic channels. From 20 June 2013 to early 2018, the Hungarian State was a minority shareholder as a result of subsequent capital increases. In November 2020 Széchenyi Funds made a capital investment of 3 milliard HUF in the Bank thus the Hungarian State became a minority shareholder again.

Results

Gránit Bank has excellent liquidity and credit quality, along with a high capital adequacy ratio.

Increasing values on chart.

Dynamic growth

Total assets exceeding HUF 1,600 billion. Average annual growth rate of 45%.

Money packs.

Stable profitability

HUF 27.27 billion in pre-tax profit at group level in 2024. 11 consecutive years of profitable operation, continuously strengthening the capital base.

Celebration.

Efficient operations

Nearly 100% high-quality portfolio. Operating costs at 1.4% of total assets, significantly below the banking sector average of 2.1%.

Total Assets
2010-2024
Annual Average Growth45%
Billion HUF
2010May
7
2010
13
2011
33
2012
51
2013
73
2014
142
2015
152
2016
228
2017
307
2018
354
2019
398
2020
574
2021
687
2022
1019
2023
1274
2024
1598
Calendar with coins icon.Profitable from the 4th financial year
Increasing value icon.Strong capital position – approximately 27.0% (CAR)
Chart icon.Balanced funding structure – approximately 61.2% loan-to-deposit ratio

Awards

2025


Global Banking and Finance Review magazine

Fastest Growing Digital Bank in Hungary

Global Finance

Best Digital Bank in Hungary

2024


Mastercard

Beyond Banking segment

BÉT legek

The largest new share listing of the year

Mastercard

CSR Initiative of the Year

Mastercard

Cybersecurity Education Campaign of the Year

Mastercard

Marketing Communication of the Year

Mastercard

Premium Banking Offer of the Year

Mastercard

Youth Financial Solution of the Year

2023


Mastercard

Bank of the Year – 1st place

Superbrands Hungary

Acquisition Marketing Campaign of the Year – 1st place

Mastercard

Easy and Convenient Banking Experience of the Year – 1st place

Mastercard

Youth Financial Solution of the Year – 1st place

Mastercard

Cybersecurity Education Campaign of the Year – 2nd place

2022


Mastercard

Digital Banking UX Solution of the Year – 1st place

Mastercard

Youth Programme of the Year – 1st place

Mastercard

Sustainable Initiative of the Year – 2nd place

Mastercard

Premium Banking Activity of the Year – 3rd place

Superbrands Hungary

Superbrands

Digital Success Programme

Outstanding digital financial organization trademark

2021


Mastercard

UX Solution of the Year – 1st place

Mastercard

Bank of the Year – 3rd place

Mastercard

Sustainable Bank of the Year – 3rd place

Mastercard

Mobile Banking Solution of the Year – 3rd place

Mastercard

Retail Banking Offer of the Year – 3rd place

Digital Success Programme

Outstanding digital financial organization trademark

Superbrands Hungary

Superbrands

2020


The National Bank of Hungary

Excellence Award under the “FGS Go” (NHP Hajrá) Growth Loan Program

Mastercard

Premium Banking Service of the Year

Mastercard

Most Innovative Bank of the Year

Mastercard

Sustainable Bank of the Year

Mastercard

Socially Responsible Bank of the Year – 2nd place

Mastercard

Digital Banking Service of the Year – 2nd place

2019


Mastercard

Most Innovative Bank of the Year

Mastercard

Premium Banking Service of the Year

Mastercard

Bank of the Year – 2nd place

Mastercard

Retail Account Package of the Year – 2nd place

Mastercard

Sustainable Bank of the Year – 2nd place

Mastercard

Retail Loan Product of the Year – 3rd place

Hungarian Brands

Innovative Brand Category

The National Bank of Hungary

Green Financial Innovator

2018


Mastercard

Retail Mobile and Online Banking Tool of the Year

Mastercard

Bank of the Year – 2nd place

Mastercard

Most Innovative Bank of the Year – 2nd place

Mastercard

Retail Savings Product of the Year – 3rd place

Hungarian Brands

Innovative Brand Category

2017


Mastercard

Most Innovative Bank of the Year in 2017

Mastercard

Retail Account Package of the Year 2017

Mastercard

Bank of the Year 2017 – 2nd place

Hungarian Brands

Innovative Brand Category

Bankmonitor

Best Student Bank Account

Bankmonitor

Best One-Year Deposit

Bankmonitor

Best Long-Term Deposit

2016


Mastercard

Most Innovative Bank of the Year

Mastercard

Retail Account Package of the Year

Figyelő business magazine TOP 200

Financial Institution of the Year

Mastercard

Retail Mobile and Online Banking Tool of the Year – 2nd place

Hungarian Brands

Most Likeable Bank of the Year 2016 – 2nd place

Mastercard

Retail Savings Product of the Year – 2nd place

Hungarian Brands

Bank of the Year 2016 – 3rd place

2015


Mastercard

Banker of the Year 2015

Business Worldwide

CEO of the Year – Hungary

The European

Bank of the Year in Hungary

Mastercard

Bank of the Year 2015 – 3rd place

2014


The European

Bank of the Year in Hungary

2013


Mastercard

Most Innovative Bank of the Year – 2nd place

Mastercard

Retail Mobile Application of the Year – 2nd place

Mastercard

Young Banker of the Year

2012


Mastercard

Most Innovative Bank of the Year

2011


World Finance

Most Innovative Bank in Hungary

Ownership structure

  • 39.19%TiberisDigital Consulting Ltd.
  • 34.96%Gránit Bank Employee Share Ownership Program (MRP)
  • 15.39%Other Investors
  • 6.31%Pannónia Pension Fund
  • 4.15%E.P.M. Kft.

Board of Directors

  • Portrait of Éva Hegedüs, Chairperson - CEO
    Éva Hegedüs
    Chairperson - CEO
  • Portrait of Péter Jendrolovics, Deputy CEO
    Péter Jendrolovics
    Deputy CEO
  • Portrait of János Major, Deputy CEO
    János Major
    Deputy CEO
  • Portrait of Judit Tóth, External member
    Judit Tóth
    External member
  • Portrait of István Vida, External member
    István Vida
    External member

Members of the supervisory board

Sándor Nyúl
Chairman
Márton Oláh
Supervisory Board Member
Szabolcs Tóth
Supervisory Board Member
Dr. Judit Gubuznai
Supervisory Board Member
Balázs Benczédi
Supervisory Board Member

Deputy chief executives

Jenő Siklós
First Deputy CEO
Finance and Operations Division
László Hankiss
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

Managing Directors

Zoltán Bede
Managing Director
Treasury Directorate
Andrea Csicsáky
Managing Director
Chairman’s cabinet
Zoltán Dénes
Managing Director
Head of Standard SME Segment – Corporate Division
Dávid Géczi
Managing Director
Customized Corporate Sales and Relationship Management Department
Judit Kovács
Managing Director
Back Office Directorate
Zsolt Lengyel
Managing Director
IT Directorate
Tamás Sándor
Managing Director
Customer Relationship and Sales Department – Retail Division
Mihály Szabó-Ander
Managing Director
Risk Management Directorate
Tamás Szabó
Managing Director
Investment Services Directorate
Judit Udovecz
Managing Director
Finance and Operation Division
Judit Vincze
Managing Director
Retail Product Development and Sales Directorate – Retail Division
Handshake.

Our Partners

  • Strategic partners
  • Correspondent banking relationships
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GRÁNIT Bank - a DigitálisBank | Online magyar bank