Credit Cards in Hungary

Most of Hungary’s leading retail banks temporarily withdrew from issuing new personal credit cards during 2020 due to the APR cap that was placed on non-secured lending by the government on 19 March 2020. This left Budapest Bank, K&H Bank and Erste Bank as the only major retail banks still issuing credit cards for much of the year. The new upper APR limit of 5.9% is set to remain valid until 31 December 2020 and applies to all non-secured consumer credit products.

The publisher's Credit Card Transactions in Hungary report establishes the size and structure of the market for ATMs cards, smart cards, credit cards, debit cards, charge cards, pre-paid cards and store cards. It looks at key players in the market (issuers and operators), number of cards in circulation, numbers transactions and value of transactions. It offers strategic analysis of sector forecasts and trends to watch.

Product coverage: Commercial Credit Card Transactions, Personal Credit Card Transactions.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Credit Card Transactions market;
• Pinpoint growth sectors and identify factors driving change;
• Understand the competitive environment, the market’s major players and leading brands;
• Use five-year forecasts to assess how the market is predicted to develop.