In 2010, the year Gránit Bank was founded, immediately after the global economic and financial crisis, it was a very brave decision for Sándor Demján to found a bank. It is both an honour and an inspiration for me to be the founding co-owner and CEO from the very beginning, leading a value creation process that has introduced leading digital innovations and a high UX experience for customers.
Gránit Bank was practically born digital, so its innovative solutions are two to three years ahead of the market.
Based on the appearance of new technologies, the revolutionary development of technical tools and a customer base that is becoming increasingly open to financial innovations, Gránit Bank was the first in Hungary to implement a digital business model 13 years ago, serving its customers primarily through digital channels and smart devices.
Year after year, the Bank has introduced market-leading digital financial solutions, often with world and Europe leading services, which enable customers to manage their everyday financial transactions conveniently, quickly, easily, at competitive prices, and with a high customer experience.
In addition to unique financial innovations for sustainability, another pillar of the digital business model is the conservative corporate and retail lending and liquidity management, which together ensure the Bank's long-term sustainability.
Gránit Bank's cutting-edge, innovative digital banking solutions and conservative corporate and retail lending result in efcient banking operations, which are reflected in financial ratios that exceed the market average.
Thanks to its digital business model, Gránit Bank has become the fastest growing credit institution of the last decade and has been profitable since its fourth year of operation. The reinvested profit after-tax ensures that shareholder value continues to grow, the Bank's competitive advantage is maintained, and we are always there for our customers where they need our services.
I believe we are on the right track, as confirmed by our above-market growth and profitability, and the 53 awards we have received for our performance in the 13 years since we began our operation.
We could not have achieved all these results without the trust of our shareholders and customers, and the excellent creative work of my staf, for which I am extremely grateful. I know that banking is based on trust, and at Gránit Bank we have worked for more than 13 years to continuously create value so that our current and future customers feel that they come first, every moment.
Éva Hegedüs
Chairperson-CEO
Gránit Bank was the first in Hungary to implement a digital business model.
Gránit Bank, which started operations as a greenfield bank in May 2010, is owned by Hungarian investors.
Providing customized financial services to businesses and private individuals via digital channels.
Fast, convenient, and secure financial services with favourable conditions, easily accessible anywhere and anytime. This is the concept of “The bank of the futurenow.”
A dynamic increase in customer volume market share. Profitable operation for the ninth consecutive year, continuously expanding equity and high cost-efciency.
Gránit Bank aims to ofer the most modern online banking solutions and digital financial services to its customers in order to provide an outstanding customer experience in terms of convenience, security and speed while achieving efciency of operation and becoming a stable partner to value-creating businesses.
Shareholders and the management are motivated by increasing the Bank’s shareholder value and improving customer satisfaction.
CUSTOMER RELATIONS BASED ON CONFIDENCE
‣ Mutual confidence and long-term customer relations
‣ Solutions tailored to customer needs
‣ Fast, convenient, and secure financial services
‣ Business-based approach
‣ Supporting our customers’ activities
CUSTOMER-CENTRED INNOVATIONS
‣ Market leading digital banking services with a high customer experience.
‣ The improvements will serve both convenient and fast everyday banking and sustainability through the implementation of branchless digital banking.
‣ Streamlined organisation, efcient local decision-making.
‣ Transparent operation, structured, predictable, conservative processes.
Gránit Bank is Hungary’s first digital bank, with market-leading solutions which:
‣ make banking easier as well as more convenient and sustainable.
‣ can be combined with personal consulting on request.
‣ provide customised and cost-efective solutions.
Using innovative electronic banking and financial services to develop simple, convenient, and cost-efective solutions for retail customers, providing outstanding customer experience and serving the target of sustainability.
Providing sustained favourable conditions for customers with the help of a cost-efective business model implemented through digital devices and options, ensuring the bank’s stable operation in the long-term.
Providing comprehensive financial and financing solutions for business customers.
With the spread and opportunities of smart and mobile devices, the management of finances rises to a new level.
Beside innovation, the Bank’s operation focuses on conservative lending.
HIGH LIQUIDITY, COST-EFFICIENT OPERATION
The Bank’s business model ensures high liquidity and cost-efcient operation, ofering sustained favourable conditions for customers.
Gránit Bank is a reliable partner to value-creating businesses.
Gránit Bank’s innovative digital solutions make banking easier for retail customers.
WE MAKE BANKING EASY FOR YOU WITH OUR BANK ACCOUNT SERVICE
‣ Customised account management conditions, favourable account packages.
‣ Comprehensive electronic banking services – innovative solutions.
‣ Attractive fixed-term deposit conditions for all maturities.
WE PROVIDE FINANCING TO HELP YOU ACHIEVE YOUR GOALS
‣ Flexible financing solutions tailored to customer needs – competent professionals, quick decision-making.
‣ Broad product palette for all lending purposes (investment loan, working capital loan, overdraft, revolving credit, project loan, etc.).
‣ The full range of subsidised credit facilities (Széchenyi loans, Eximbank loans, MFB Point products).
SECURITY AND CONVENIENCE
‣ Wide range of treasury services - market foreign exchange, government bond trading, hedging, private banking .
‣ Business Premium card – travel insurance up to HUF 50 million, use of the premium Mastercard Lounge and the Fast Lane at Liszt Ferenc International Airport, discounts from the Maternity Private Clinic’s services.
‣ You can open your bank account from your mobile phone or any mobile device, even from home, either on VideoBank or by taking a selfie, and the contract is ready in minutes.
‣ Account and credit card control, instant credit card application from your mobile phone.
‣ Monthly expense and income overview on mobile phone.
‣ Attractive deposit terms for 1-24 months via mobile app, VideoBank and NetBank.
‣ More convenient payment of utility bills from a bank account, cost sharing with payment request, payment by QR code, digital card service, fixed monthly fee account packages with completely free transactions.
‣ Package for family finances - for parent and child with the unique on market Family app.
WE PROVIDE FINANCING TO HELP YOU ACHIEVE YOUR GOALS
‣ For home purchase, construction, extension, renovation: home loan with online application.
‣ State loan mediation: CSOK and home loan with interest rate subsidies.
‣ Childbirth Incentive Loan application to contract is completely online.
‣ General purpose mortgage loan.
‣ Overdraft as safety reserve.
‣ Gránit Platinum and Metal card: advanced travel insurance with coverage up to HUF 50 million, airport VIP lounge access.
‣ Government securities purchases by opening a securities account through VideoBank and app.
‣ Banking from anywhere via VideoBank, desktop PC, mobile phone.
Full account opening with selfie and digital card service
2020
Eco Calculator showing CO2 emissions accompanying credit card spending in eBank
Payment request and payment by QR code on mobile
100% digital Childbirth Incentive Loan application
2021
Digital mortgage lending with online pre-qualification (Home Calculator)
Family app to manage family finances and open an account online from the age of 6
2022
Discounted foreign exchange rate charts in eBank app*
Launch of Google Pay
2023
Instant HUF debit and FX* card application and card details + PIN code disclosure in eBank app
Paying bills digitally Buy government bonds in eBank app
*Coming soon
5. DYNAMIC GROWTH ALREADY FOR THIRTEEN YEARS.
STABLE RESULTS
Profit before tax in 2022:
HUF 13 billion
Profitable operation for
9 years
HIGH PROFITABILITY
Return on equity
ROE: 25.2%
Non-performing loan ratio
NPL: 0.02%
Cost/income ratio
C/I: 34.9%*
DYNAMIC GROWTH
Balance sheet at 31.12.2022:
HUF 1,019 billion
Average annual growth of 48.0%
EFFICIENT OPERATION
Close to 100% high quality portfolio
Operating costs as a percentage of balance sheet total
0.87%*
*Excluding bank tax, extra profit tax and financial transaction tax
The bar chart shows Gránit Bank's operating cost / balance sheet total (31 December 2022).
Growth rate (Dec. 2022 / Dec. 2021)
loan
Business deposit
Business loan + Bond Funding for Growth Scheme
Balance sheet total
With a consolidated balance sheet total of HUF 1,063 billion, Gránit Banking Group is a major player in the Hungarian financial sector, ofering universal banking services, investment services and asset management.
Balance sheet total HUF 1,063 billion
Assets under management (AUM) HUF 1,326 billion
Loans and bonds HUF 453 billion
Profit before tax HUF 13,758 billion
Profit after tax HUF 11,838 billion
Others also believe we are on the right track!
Gránit Bank’s performance has been recognised with 53 awards over the 13 years since its establishment!
Between 2012 and 2022, Gránit Bank received a total of in the Mastercard Bank of the Year competition
Other key awards and prizes:
2011 | Most Innovative Bank in Hungary (World Finance)
2014 | Bank of the Year in Hungary (The European)
2017 | Financial institution of the Year (Figyelő TOP 200)
2021, 2022 | Superbrands (Superbrands Hungary)
2021, 2022 | Outstanding digital financial organization trademark (Digital Success Programme)
PERSONAL ADMINISTRATION THROUGH VIDEOBANK:
‣ Link: https://vbclient.granitbank.hu
ONLINE LOAN ADMINISTRATION:
‣ Childbirth Incentive Loan: https://granitbank.hu/lakossag/hitelek/babavaro/
‣ Mortgage: https://granitbank.hu/lakossag/hitelek/jelzaloghitel/
OVER-THE-PHONE ADMINISTRATION:
‣ Telephone customer service : +36 1 510 0527; +36 70 960 9871
BRANCH SERVICE:
‣ Central Customer Service : 1095 Budapest, Lechner Ödön fasor 8.
‣ Open: Mon-Fri: 8.30-16.00
‣ WESTEND Branch: Westend City Center, 1. emelet, Hild József Sétány 24.
‣ Open: Mon-Fri: 10.30-18.00
Website:
‣ Link: https://granitbank.hu/
Published by: Gránit Bank
Responsible publisher: FinTech Group Ltd.
Editor in charge: Gábor Lemák
Lector: Szilvia Egri
The publication was produced with the participation of:
László Hankiss, deputy CEO
Andrea Csicsáky, managing director
Emília Papp, Head of Communication and PR
Contact:
Emília Papp
Head of Communication and PR
E-mail: papp.emilia@granitbank.hu
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The illustrations, photographs and logos in this publication are protected by copyright. The use of illustrations, photos and logos is prohibited. Any use of all or part of the content requires the prior written permission of Granit Bank.
Gránit Bank, 2023. All rights reserved!
