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The Hungarian banking and finance market is a well-developed and sophisticated system that plays a vital role in the country's economy. The sector is characterized by a strong presence of international banks, a growing fintech sector, and a regulatory environment that is aligned with EU standards.
The Hungarian government is a major procurer of banking and finance products and services. In 2022, the government spent over HUF 100 billion (USD 300 million) on banking and finance procurement. The government's main procurement needs include investment banking, asset management, and financial advisory services.
The main banking and finance products and services procured by the Hungarian government include:
Investment banking services
Asset management services
Financial advisory services
Lending services
Payment services
The top authorities for Hungary banking and finance procurement include:
Ministry of Finance
Central Bank of Hungary
Hungarian Public Procurement Authority
The top winners of Hungary banking and finance procurement include:
OTP Bank
Erste Bank Hungary
UniCredit Bank Hungary
Raiffeisen Bank Zrt.
Magyar Bankholding Zrt.
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