Private company
MagNet Bank
Community bank in Hungary
MagNet Bank (Hungarian: MagNet Magyar Közösségi Bank Zrt., lit. 'MagNet Hungarian Community Bank'), known as the HBW Express Savings Co-operative (Hungarian: HBW Express Takarékszövetkezet) until 2010, is the only community bank in Hungary that practises ethical banking. It is owned by Hungarian citizens.2 It is headquartered in Budapest.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- Industryfinancial services1
- HeadquartersBudapest1
- Websitewww.netbank.hu/en
- Legal formprivate company limited by shares1
See how the biggest companies compare on our leaderboards

MagNet Bank (Hungarian: MagNet Magyar Közösségi Bank Zrt., lit. 'MagNet Hungarian Community Bank'), known as the HBW Express Savings Co-operative (Hungarian: HBW Express Takarékszövetkezet) until 2010, is the only community bank in Hungary that practises ethical banking. It is owned by Hungarian citizens.2
Timeline
- 1995Founded Founded1
Links
- Websitewww.netbank.hu/en1
- WikipediaMagNet Bank
- More imagesWikimedia Commons
- WikidataQ17379757
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataMagNet Bank on Wikidata
- 2WikipediaMagNet Bank on Wikipedia
- 3Wikimedia CommonsMagNet Bank photo by redoctober, CC BY-SA 2.5 hu