Merkantil Bank
in Hungary 🇭🇺
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About Merkantil Bank in Hungary
Merkantil Bank is a specialized Hungarian credit institution focused on vehicle and equipment financing. As a wholly-owned subsidiary of OTP Bank, the largest commercial bank in Hungary, Merkantil Bank holds a dominant position in the domestic vehicle financing market. The bank ranks as the 14th largest bank in Hungary by total assets, with a market share of approximately 1.19% as of 2023.
Merkantil Bank operates as a specialized financial institution offering lending, leasing, and financing solutions primarily for automobiles, commercial vehicles, fleet management, and production equipment.