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K&H was awarded both Bank of the Year and Best Bank in Hungary in 2019

K&H has received the “Bank of the Year in Hungary” award at the trade contest of international finance magazine The Banker, a Financial Times publication. Earlier this year K&H has also won the Euromoney “Best Bank in Hungary” Award for Excellence 2019 This is the fourth time that K&H has won both awards in the same year.  Bank of the Year accolade was handed out in London last night.

K&H Banking Group reports a net profit of HUF 37.7 billion and K&H Insurance a HUF 3.9 billion in the first 9 months of 2019

K&H’s innovative fully online cash loan in mobile app and e-bank reached 25% of new cash loan production in September. K&H Bank was the first on the market this autumn to introduce Sustainable and Responsible Investment (SRI) balanced fund managed in Hungary.

K&H Banking Group had a strong financial performance in the first 9 months of 2019, recording HUF 37.7 billion net profit, a 5% increase yoy on underlying basis. K&H Bank realised a net profit of HUF 11.4 billion in the third quarter of 2019.  K&H Insurance reached HUF 3.9 billion net profit in the first 9 months of 2019, an increase of 20% yoy. K&H’s innovative end-to-end online cash loan volume in its mobile bank app and e-bank reached 25% of new cash loan production.  K&H Bank was the first on the market this autumn to introduce SRI balanced fund managed in Hungary. By 31 October, K&H baby boom loan application volume amounted to HUF 39 billion.

K&H Banking Group reports underlying profit of HUF 26.3 billion in 2019H1, a 9% increase yoy. K&H Insurance reached HUF 2.7 billion net profit in 2019H1, an increase of 19% yoy

Baby boom loan application volume reached HUF 29 billion by 31 August. On 26th July E2E cash loan was successfully launched. In July K&H was awarded the title Best Bank in Hungary 2019 by Euromoney.

K&H Banking Group had a strong financial performance in 2019H1, recording HUF 26.3 billion net profit, a 9% increase yoy on underlying basis.  K&H Insurance reached HUF 2.7 billion net profit in 2019H1, an increase of 19% yoy. By 31 August K&H baby boom loan application volume reached HUF 29 billion in July K&H launched the E2E cash loan service in its mobile bank app and e-bank.  K&H received the 2019 Best Bank in Hungary award by Euromoney. K&H was alsonamed the Most Attractive Employer in the financial sector by Randstad, and received the Green Bank award by National Bank of Hungary. 

K&H Banking Group reports a net profit of HUF 12.2 billion in 2019Q1

K&H Insurance reaches HUF 1.3 billion net profit in 2019Q1. K&H implements digital innovations, and is ready for launching instant payment on July 1.

K&H Banking Group had a strong financial performance in 2019Q1, recording HUF 12.2 billion net profit in 2019Q1, a 4.6% increase yoy excluding exceptional items. In 2019Q1 K&H Insurance reached HUF 1.3 billion net profit, a 20% increase yoy. In 2019Q1 K&H continued its digital transformation and is moving at full speed to implement its own and regulatory initiatives.  K&H launched a full digital sales process for risk life insurance that reduces the contracting time for its clients by 50%.

K&H Banking Group reports a net profit of HUF 57.8 billion in 2018

K&H Insurance reaches HUF 4.5 billion net profit in 2018. K&H continues its digital transformation.

K&H Banking Group had a strong financial performance in 2018, recording HUF 57.8 billion net profit in 2018, a 38% increase yoy. Excluding exceptional gains from property and financial instruments transactions, K&H recorded HUF 53.6 billion net profit, a 28% increase yoy.  In 2018 K&H Insurance reached HUF 4.5 billion net profit, a 57% increase yoy. In 2018 K&H continued its digital transformation. Over 200 000 clients use the K&H mobile bank services actively, 66% more than a year ago. Every 4th client now already has a biometric profile enabling them to sign their documents electronically in branches. K&H launched a fully digital home insurance and the first fully digitalised cash loan service.  K&H has the largest cash-in ATM network with 212 machines and also the largest tellerless branch network in Hungary with 44 units.