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Hungarian digital bank owned by Viktor Orban’s son-in-law enters Romanian market

July 29, 2024

Granit Bank, a Hungarian financial institution whose main shareholder is Viktor Orban's son-in-law, Istvan Tiborcz, will begin operations in Romania starting Q3 of this year. This marks the first time the digital bank is entering a foreign market.

Granit Bank will offer clients accounts in lei and forints through an app available in Romanian, Hungarian, and English.

The financial entity has been registered to provide services by the central banks of Hungary and Romania.

The...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/granit-bank-enters-romanian-market-2024
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