Q3 2022 Financial Performance Review
MKB
Overview of the deposit portfolio of the Merged MKB Bank
BANK Business Performance - Overview
Development of deposit¹ portfolio (HUF bn)
Market shares² (%)
+13.08%
AY/Y
Deposit portfolio
6,491.5
6,218.8
6,188.4
6,267.5
20.2%
19.9%
19.1%
5,740.4
18.7%
17.8%
+11.5%
1,388.8
1,731.3
1,568.2
1,602.1
1,442.6
15.6%
Q3 2021
15.8%
Q4 2021
15.8%
Q1 2022
15.5%
Q2 2022
15.7%
Q3 2022
+10.2%
2,886.1
2,742.9
2,618.1
2,693.3
2,489.1
1,808.7
1,943.9
2,002.2
1,972.2
2,017.4
+20.0%
Q3 2021
Q4 2021
Household
Q1 2022
Non-financial corporate
Q2 2022 Q3 2022
Other corporate
33
After Q2, as a result of the first bank merger,
there was no decrease in customer deposits,
the increase was also present in the third
quarter.
By the end of September, MKB's deposit
portfolio increased by 13.1% (HUF +751.1 bn
y/y) and by 3.6% (HUF +224.0 bn q/q).
The deposit portfolio of non-financial
companies increased significantly; exceeding
the previous year's level by 10.2% (HUF +253.8
bn y/y), thus exceeding HUF 2,700 bn by Q3
2022.
Household deposits show a dynamic growth of 20.0% on an annual basis, while compared to Q2 2022,
the growth is 2.3%.
MKB's market share in the household segment increased compared to the previous quarter, to 15.7% by
Q3 2022. The market share of non-financial companies decreased to 17.8%. This was partially justified by
the deposit portfolio with a currency structure different from the market one. Since the deposits of non-
financial companies showed double-digit growth on an annual basis and this was at an appropriate level in
line with the Bank's business policy plans with sufficient liquidity, the deposits did not represent a high
extra burden on the group in the third quarter.
Please note: The segments are formed according to the requirements to be used in the reports prepared for NBH.
¹IFRS figures
2 NBH statisticsView entire presentation