K&H Bank named Hungary's best by Euromoney again
K&H Bank, the subsidiary of Belgian KBC, has been named “Hungary’s best bank” in Euromoney’s 2013 Awards for Excellence, K&H announced today. The bank won the title for the second year in a row.
Euromoney evaluated the liquidity of the bank to be the best among Hungary’s leading banks in terms of loan-to-deposit ratio, KBC CEO Hendrik Scheerlinck said.
KBC's first-quarter after-tax profit nearly doubled to HUF 6.1 bln year-on-year. Total assets rose 2% in twelve months to HUF 2,502 bln at the end of March, unaudited consolidated IFRS data show.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.