The strategy was approved unanimously by stakeholders with more than 99% ownership of savings coops at an extraordinary general meeting of Takarékbank, said Vida.

From January next year, the integration will be based on twelve strong regional savings coops, together with Takarékbank, a central commercial bank and a mortgage bank, the chairman-CEO added, the latter two institutions being FHB Commercial Bank and FHB Mortgage Bank.

Separate units for factoring, leasing, fund management and other supplementary financial services will come under the direction of Takarékbank, he said.