K+H to open 30 new branches over next three years
Wednesday, November 9, 2005, 12:33
K+H Bank Rt plans to open at least 30 new branches over the next three years, extending its presence throughout all of Hungary, the bank announced on Wednesday. K+H aims to have 190 branches by the end of 2008.
The bank's stock of retail and small business loans increased Ft 63 billion over the last six months, giving it a 9.7% share of the market. The stock of retail and small business deposits grew Ft 20 billion, giving K+H a 10.4% share of the market. K+H Bank is the second biggest bank in Hungary, with total assets of Ft 1,718 billion.