Former Budapest Bank branches will continue to operate partially or fully with the logo and other branding elements of MKB Bank, the Hungarian Bankholding said.
Wikimedia Commons/Globetrotter19
Hungarian bank launches customer information campaign ahead of MKB-Budapest Bank merger
On March 31, Budapest Bank and MKB Bank are set to merge in a three-way banking merger led by Hungary’s Bankholding. The group has launched an information campaign on the precise timing of the merger and the most important information for customers to ensure smooth management.
Retail and corporate customers of both financial institutions will receive information on all changes in the coming weeks through a number of communication channels, including information relating to the transition weekend between April 1 and April 4.
The merged bank MKB will be present in 66 cities, with a total of 143 branches and 184 ATMs. It will offer a fully integrated range of products and services, with unified pricing and value propositions.
The former branches of Budapest Bank will also be renamed and will continue to operate partially or entirely with the logo and other branding elements of the MKB Bank successor. Customers will also be able to find MKB Bank’s own data and logo in all previously familiar communication channels, according to a press release sent to the Budapest Business Journal.
On April 4, 2022, the merged bank MKB will be a public holiday, on this day the old Budapest bank and the existing branches of the MKB bank will be closed. The holiday will take place in order to ensure the smooth running of the technical and IT adjustments due to the merger, specifies the group.
“The IT and technical changes related to the merger of Budapest Bank and MKB Bank will affect the operation of many of our systems, so we consider it essential that our customers are properly informed about this. We have scheduled the transition to the weekend in order to minimize the impact on our customers, and we want to help them as much as possible with the information campaign we are launching,” said Ádám Egerszegi, Deputy Managing Director for Transformation of the Hungarian Bank.
“The latest information is available on our websites www.budapestbank.hu and www.mkb.hu, but we will also contact our customers through other channels, such as email. We urge customers of Budapest Bank and MKB Bank to pay particular attention to the communication sent by the bank in the coming weeks.”
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