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ITCB Bank Account Index, July 2015

One of the most favourable developments in the last 6 months is the fact that Hungarian retail bank account fees have on average decreased compared to the previous period. However the effect of the previous introduction of the “transaction duty” and its effect on account fees cannot be ignored. We have analysed the bank account costs associated with the most typical retail banking client profiles and found that a certain group of market leaders – Erste, K&H and OTP – are trying to provide a competitive account package for all customer types.

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Trends in Banking

5 January 2017
European Council: 'PRIIPs' rules delayed by one year

The Council adopted a regulation postponing the application date of rules on packaged retail and insurance-based investment products (PRIIPs) by 12 months.

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15 December 2016
The European Commission’s new regulation package of MiFID II

The European Commission has taken important steps today to strengthen the regulation of commodities markets and curb price speculation. It also ensures that firms active on these markets are regulated appropriately.

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