Industry: Commercial banking company

MagNet Bank or MagNet Magyar Közösségi Bank Zrt. is the only Community bank in Hungary that practises ethical banking. It is owned by Hungarian citizens. MagNet Bank as a commercial bank has total assets of EUR 0.4 billion. MagNet Bank has a network of 12 branches along its center in the capital Budapest. Headquarters: Budapest, Hungary Founded: 1995 Subsidiaries: CE Faktor Zrt., Banco Popolare Hungary Bank Zrt., MagNet Bank Zrt, Asset Management Arm

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