K&H Bank

General information

Name

K&H Bank

Country

Hungary

Official web-site

https://www.kh.hu/web/eng/bank

Bank history

The bank’s ultimate owner is KBC Bank and Insurance Group of Belgium. Founded in 1998 after merger of Kredietbank, AAB Insurance and CERA Bank of Belgium, KBC Bank has witnessed a dynamic growth in Europe. It has 43,000 employees, 9 million clients in 30 countries. KBC is focusing on Central Europe, where it acquired shares in Polish, Czech, Slovenian and Slovak banks. Kredietbank, a legal predecessor of KBC, entered Hungarian market in 1997 as a winner of tender and as of now, has increased its percentage of shares in K&H from 23 to 100%.

Country Rating

2

Founding date

1998

Account Opening Terms

Recommendations

Not required

Description of activity

Detailed

Account type

Corporate and personal

Accounts types

Corporate and personal.

Required documents

Fully completed company’s activity form; Filled and signed beneficiary form; Passport copies of shareholders and directors; Corporate documentation

Limit of transfers (per month)

None

Account opening nuances

K&H Bank opens mostly corporate accounts for Hungarian companies and refuse companies from classic offshore jurisdicions. In order to open an account, business activity in Hungary is unnecessary. There're no limits on company’s min profit and min deposit

Account opening, possibility

Calculated