MagNet Magyar Közösségi Bank Zártkörűen Működő Részvénytársaság products, services and reviews

About MagNet Magyar Közösségi Bank Zártkörűen Működő Részvénytársaság

MagNet Magyar Közösségi Bank Zártkörűen Működő Részvénytársaság (MagNet Bank) is a Hungarian commercial bank organized as a closed joint‑stock company that presents itself as a community‑oriented institution; it offers retail and corporate banking products including current and savings accounts, payment services, consumer and mortgage lending, and select investment and asset management services through a domestic branch network supported by internet and mobile banking channels. The bank operates under the supervision of the National Bank of Hungary and customer deposits are covered by the national deposit guarantee scheme up to the standard EU limit (EUR 100,000 or equivalent). Public communications and product literature highlight community banking and sustainability themes, while actual product terms, interest rates and fees vary over time and should be reviewed directly with the bank; as a smaller domestic institution its branch footprint and range of cross‑border corporate services are more limited than those of larger international banks.