My money builds

Compared to the Hungarian language version, there is less detailed information on the English language website of the Bank, however, each function of our NetBank service is accessible in English language as well, and due to its responsive display, the service can be used on any device.

Compared to the Hungarian language version, there is less detailed information on the English language website of the Bank, however, each function of our NetBank service is accessible in English language as well, and due to its responsive display, the service can be used on any device.

Become a part of the MagNet community!

10 facts
you should know about MagNet Bank:
  1. 1

    We have been operating profitably for over 23 years as the largest financial institution in 100% Hungarian private ownership.

  2. 2

    In 2018 we won the Socially Responsible Bank of the Year Award for the seventh time in the MasterCard Bank of the Year competition.

  3. 3

    We calculate our clients’ contribution to the bank’s annual profit and, uniquely in Hungary, we share this information with them on an annual basis.

  4. 4

    Our clients choose which civil society organizations to support with 10% of the bank’s profit. Community Donation Program

  5. 5

    Our retail clients decide themselves how much fee they would like to pay for their account management.  "Pay as you like" account management

  1. 6

    Our clients may support useful social initiatives using the money of the bank by way of their bank card purchases.  Supportive Bank Card

  2. 7

    Our clients may specify those loan purposes for which their financial deposits can be used by the bank. Mentor, Sector page

  3. 8

    By our MENTOR and SECTOR community products and with the participation of our depositors, we reduce the loan burden borne by socially beneficial projects.

  4. 9

    In the course of credit scoring, we apply positive screening measures to those projects which have a beneficial impact on our society and environment.

  5. 10

    Our goals are societal engagement based on transparency and education in order to raise financial awareness.

We are GABV members!

MagNet Bank is a member of the Global Alliance for Banking on Values.

What does this membership mean? 

Well, a lot more than you think! 

We are part of a growing movement of independent banks and financial institutions committed to advancing positive change in the financial sector through sustainable economic, social and environmental development, with a focus on helping individuals fulfil their potential and build stronger communities. The Global Alliance comprises of 54 financial institutions and seven strategic partners operating in countries across Asia, Africa, Australia, Latin America, North -America and Europe.  

GABV membership is a sign of continued commitment to values-based banking, diversification, and driving positive change within the industry.

We adhere to GABV standards, follow a GABV approved approach to values-based finance, and regularly undertake a verification process to confirm our compliance.

Learn more about the Global Alliance for Banking on Values and the principles of values-based banking.