Welcome toING Wholesale BankingHungary
Since 1991, we have been a top provider in transaction services (payments and cash management), foreign exchange, government bonds, and lending services. We serve a wide range of organisations, including corporates, multinational corporations, and financial institutions. We provide financial services to our clients by combining expertise in areas such as energy and cross-border transactions with a wide range of lending products. We want to be a banking leader in building a sustainable future for our company, our customers, society and the environment. How? We focus on climate action: We lead by example by striving for net zero in our own operations. We play our full part in the social and low-carbon transformation that’s necessary to achieve a sustainable future, steering our financing towards meeting global climate goals. We collaborate: working with clients to achieve their own sustainability goals, increasing our impact through partnerships and coalition-building. We manage the most relevant environmental and social risks while fostering the protection of biodiversity and human rights across all of our relationships. We’re working to advance financial health and inclusion for our customers and communities. And we empower our employees to contribute to it all.
Market leader in treasury products
Market leader in sustainability approach
We combine sector and product knowledge with a one point of contact solution
The top local experts with an international background in lending services, financial markets and transactional services support our services. In-depth knowledge in selected sectors such as the automotive, utility, natural resources and agricultural sectors enable us to provide tailor-made solutions. We are a top primary dealer, key players in EUR/HUF foreign exchange, and a pioneer in Hungary in providing state-of-the-art commodity hedging solutions for corporate clients, and an important local bank for offshore clients.
We are considered as a systemically important bank by the National Bank of Hungary and participate in the local benchmark contribution. We have strong capabilities in trade finance services and in working capital solutions. We have a vast network of product specialists and industry experts, all ready to help. Our solutions are tailored to the exact way you do your business. As part of ING, we have an 'A+' rating in a 'BBB' environment for the country. A full overview on Opens in a new tabratings.
Cash services opening hours
Monday – Closed
Tuesday – Closed Wednesday – 1 PM–3 PM Thursday – Closed Friday – 1 PM–3 PMContact us
Head of Corporate Sector Coverage
ING Wholesale Banking in Hungary
Budapest, 1068 Dózsa Gy. út 84/b.
Awards
Euromoney 2024
CEE’s best bank for sustainable finance
CEE’s best bank for sustainable financeUNICEO Live Communication Award 2024
Best family-oriented event – Welcome to bankING!
Best family-oriented event – Welcome to bankING!Government Debt Management Agency
Best Market Maker 2024
Best Market Maker 2024Announcements
In order to implement the digital transition, our bank continues the replacement of the local account management and various transaction processing system. Next, the introduction of an integrated system related to bank charges and fees is expected. As a result, there will be changes in the processing of bank charges and fees, and these will be shown on account statements in a different way than before.
Changes in processing on Bank Charges and Fees
Changes in processing on Bank Charges and FeesWe would like to inform our clients that, according to the relevant government decree, the transaction duty rate for payment operations will increase from August 1, 2024.
Information about changes related to transaction duty
Information about changes related to transaction dutyFor more detailed information about our announcements related to securities products, please visit this page.
Securities products
Securities productsRequest to Pay is a service related to the Instant Payment System (AFR). By initiating a Request to Pay, the beneficiary can send a Request to Pay to the payer for a particular amount.
Request to Pay
Request to PayWe have several job openings at ING Hungary. ING’s goal is to enable people to “do their thing” and empower them to stay a step ahead in life and business. We are one of the largest banks in Europe and we continuously evolve to become one of the most innovative companies in the banking sector.
Job openings at ING Hungary
Job openings at ING HungaryMacroeconomic research and financial analysis
Macroeconomics
MacroeconomicsAt ING, we’re deeply saddened and concerned by the brutal violence we’re witnessing in Ukraine. “We strongly condemn the invasion of Ukraine, the devastating and heartbreaking impact it has on people’s lives and the threat it poses to international stability and security,” said Steven van Rijswijk, CEO of ING Group.
ING stands with the people of Ukraine
ING stands with the people of UkraineWe would hereby like to inform you that ING Bank N.V, represented by its financial branch office ING Bank N.V. Hungary Branch will be closed on banking holidays. On the bank holidays (on page 2), accounting and cash services will not be available either (accounting and cash services holiday).
Bank holidays
Bank holidaysMarket leader in treasury products
We provide access to the financial markets with a wide range of products through our coverage of 23 dealing rooms worldwide. We have experienced professionals working closely together with trading and research in order to execute trades and solve market related issues. We are known as a reliable source of liquidity and foreign currency. We have the highest primary market share in government bonds and T-Bills in Hungary. ING was among the first in Hungary to provide commodity hedging with state-of-the-art solutions for corporate clients. We identify the market risk factors impacting our clients’ financial position in order to provide them with tailor-made hedging solutions and offer a 360° corporate financial risk management.
We offer an extensive range of products with a network of product specialist and industry experts and provide a single point of contact.
Market leader in sustainability approach
In our experience, financial services have an important role to play in creating a healthy and sustainable world - not just by trying to be more sustainable ourselves by reducing our direct footprint, but also in the choices we make in lending and the services we offer to our clients. We believe sustainable business is better business and focus on forward-thinking companies that are driving change to become sustainable. Sustainability is integrated directly into the core of our business strategy.In Hungary we have helped clients with Green Bond and Sustainability Improvement Loans. In 2019 together with 35 other banks we signed a Collective Commitment to Climate Actions which aligns our portfolios to reflect and finance the low-carbon, climate resilient economy we need, to limit global warming. To enable forward-thinking, networking and best practices we have introduced the annual Circular Economy Summit series in Hungary.
Sector expertise
Energy
The dedicated Energy desk in Hungary covers the key players of the local energy market including both local clients as well as locally active subsidiaries of international energy sponsors. The team is supported by energy financing professionals and provides support in a broad range of services comprising both daily banking needs as well as transaction-related opportunities regarding structuring /arranging financings (incl. project and corporate type). We also provide assistance with mergers and acquisitions/debt advisory/rating advisory in close cooperation with ING’s global energy franchise and our international network.
Financial Institutions
Our business encompasses capital and financial markets, lending, trade finance, and international and local payment services that provide banking and non-banking clients access to ING’s global network through our dedicated relationship managers. Our financial institution clients include commercial banks, development banks, asset management firms, pension funds and insurance companies, as well as other non-bank financial institutions.
Corporates
We build on long-term partnerships with the top Hungarian companies, subsidiaries of multinationals that are looking for a bank that combines creative ideas and solutions with seamless execution. Together with our product specialists, we work on capital allocation and risk parameters, product capabilities and client satisfaction. We are rooted in today but are always looking to tomorrow, which is why we are actively looking to partner with those companies that are ready to take the next step in their development.