Merkantil Bank Zrt


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About Merkantil Bank Zrt

Merkantil Bank started operating as a subsidiary of the National Commercial and Credit Bank in 1988 as a specialized financial institution, focusing on business development, factoring and leasing.

In 1992, Merkantil Bank was the first in Hungary to introduce the sale of passenger cars in installments, with which it soon became the leader in the financing market. In 1996, Merkantil Bank Zrt. Became 100% owned by the largest domestic financial institution, OTP Bank Plc. Thanks to this, Merkantil Bank has further strengthened its market-leading position in car financing and has continuously expanded the range of products offered to car dealers and customers. An important element of Merkantil Bank’s strategy is to strengthen synergies with OTP Bank… Continue reading about Merkantil Bank Zrt here.


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