Euroleasing

What Euroleasing does

Euroleasing Zrt. is a Hungarian licensed financial leasing company and the consolidated vehicle and equipment financing brand of MBH Bank Group, Hungary's second-largest banking group. Founded in 1991 and headquartered in Budapest, the company originates open-end and closed-end financial leasing, credit/loan products, EUR-denominated financing, and government-subsidized programs (Széchenyi Lízing MAX+, KAP ST, EXIM Jövő Exportőrei Lízing) for individual consumers, SMEs, agricultural businesses, and export-oriented companies. Its product set covers passenger vehicles, heavy commercial vehicles, motorcycles, agricultural machinery, boats, and general equipment, with bundled insurance add-ons (integrated casco, GAP, credit protection). New financing is originated through Euroleasing Zrt., while Euroleasing Ingatlan Zrt. (formerly Takarék Lízing) services legacy real-estate and equipment contracts.

The company operates primarily through a multi-OEM dealer distribution network (Alfa Romeo, Dacia, Fiat, Honda, Hyundai, Jeep, Mazda, Nissan, Renault, Chery, Land Rover, Piaggio, Harley-Davidson, Bobcat, Doosan, and others) and cross-sells through MBH Bank and Takarékbank branch networks acquired via Magyar Bankholding's 2022–2023 consolidation. Revenue is generated through interest margins on financial leasing contracts, insurance commissions, and government-program servicing fees, priced via HUF- and EUR-denominated structures with THM ranging from 0% promotional campaigns up to 30.2% on standard products. The company maintained its market-leading position in Hungary in Q1 2026 with HUF 221.9 billion in new financing volume (6% YoY growth).

The core technology platform comprises an E-Ügyfél online customer portal, a SMART Lízing mobile application, a Lízingkalkulátor (leasing calculator), and an Online Előminősítő (pre-qualification) tool, supplemented by a "Liza" chatbot assistant. The business is domestically focused (Hungary only), regulated by the Magyar Nemzeti Bank under activity license E-I-737/2005, and serves a distributed retail and SME customer base with no disclosed named enterprise anchors. Euroleasing is a private, wholly-owned subsidiary of MBH Bank with 251–500 employees and has operated continuously for 35 years as of 2026.

Name

Euroleasing

Legal name

Euroleasing Zrt.

Website

https://euroleasing.hu

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

251–500 employees

Short description

Euroleasing Zrt. is Hungary's market-leading licensed leasing company and the vehicle/equipment financing arm of MBH Bank Group, providing open-end and closed-end financial leasing, government-subsidized credit, and insurance add-ons to individual consumers, SMEs, and agricultural and export-oriented businesses via a multi-OEM dealer and bank-branch distribution network.

Ownership category

akta.pro rank

Product category

Vehicle and Equipment Leasing

NAICS

Passenger Car Leasing (532112), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Sales Financing (52222)

SIC

Finance Lessors (6172), Services-Auto Rental & Leasing (No Drivers) (7510)

akta.pro primary industry

Leasing & Lease Buyout Financing (FSAKADAC)

akta.pro secondary industries

Commercial Trucking & Heavy Equipment Vehicle Finance (FSAKADAI), Fleet & Commercial Vehicle Finance (FSAKADAE), Commercial Fleet Leasing & Management (Trucks/Vans/LCVs) (THADAKAD)

Keywords

• Vehicle leasing services
• Equipment financing
• Agricultural machinery leasing
• Commercial fleet financing
• Government-subsidized lending

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Financial Leasing Interest Income: Primary revenue from interest margins on vehicle financing agreements. Euroleasing earns the difference between the interest charged to customers and the cost of funding. Both open-end (nyíltvégű) and closed-end (zártvégű) financial leasing products generate recurring interest income over the financing term.
2. Insurance Product Commissions: Commissions from bundled insurance products including integrated casco (compulsory vehicle insurance), GAP (gap insurance covering difference between market and purchase value), and credit protection insurance. These products are mandatory or optional add-ons to financing agreements.
3. Government-Subsidized Financing Programs: Revenue from administering state-supported financing programs including Széchenyi Lízing MAX+ and KAP ST subsidized forint loans, where the government provides interest subsidies and Euroleasing earns origination and servicing fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Euroleasing provides financial leasing and loan products for the acquisition of passenger vehicles, motorcycles, heavy commercial vehicles, agricultural machinery, boats, and general equipment. The company originates open-end and closed-end financial leasing agreements denominated in HUF and EUR, supplemented by government-subsidized SME financing programs (Széchenyi Lízing MAX+, KAP ST, EXIM Jövő Exportőrei). Distribution is executed primarily through automotive dealer networks and MBH Bank Group branches, with digital servicing via the E-Ügyfél portal and SMART Lízing mobile app.

Product overview

Euroleasing is a Hungarian leasing company (Euroleasing Zrt.) providing a comprehensive suite of vehicle and equipment financing products. The core offering consists of open-ended and closed-end financial leasing (nyíltvégű and zártvégű pénzügyi lízing) for passenger vehicles, heavy commercial vehicles, agricultural machinery, boats, and general equipment. The company operates as part of the MBH Bank Group following the 2022 brand unification of Magyar Bankholding's leasing subsidiaries. Core products are complemented by government-subsidized programs (Széchenyi Lízing MAX+), euro-denominated financing for export-oriented businesses, and insurance add-ons (integrated CASCO, GAP, credit protection). Digital services include the E-Ügyfél online portal and SMART Lízing mobile application for customer self-service. The subsidiary Euroleasing Ingatlan Zrt. handles real estate and equipment financing contracts. Brand-specific financing campaigns are offered for Alfa Romeo, Jeep, Fiat, Hyundai, Mazda, Nissan, Honda, Dongfeng, Leapmotor, and other vehicle manufacturers.

Differentiator

Problem solved

Functional benefit

Products and services

• Open-end Financial Leasing (Nyíltvégű pénzügyi lízing) Open-ended financial leasing product allowing customers to lease vehicles, heavy commercial vehicles, agricultural machinery, and equipment with flexible end-of-term options including purchase or return. Available for individuals and businesses.
• Closed-end Financial Leasing (Zártvégű pénzügyi lízing) Closed-end financial leasing product for motorcycles, passenger vehicles, heavy commercial vehicles, agricultural machinery, boats, and equipment with fixed monthly payments and predetermined purchase option at term end.
• Credit/Loan (Hitel/Kölcsön) Credit and loan products for purchasing heavy commercial vehicles, agricultural machinery, and equipment with flexible financing terms, available to businesses and individuals.
• Lízing+ Vehicle Financing (Lízing+ Gépjármű Finanszírozás) Extended leasing product with enhanced features for vehicle financing combining lease and loan elements, providing flexible financing structures for vehicle acquisition.
• Széchenyi Lízing MAX+ State-subsidized leasing program for Hungarian SMEs under the Széchenyi Kártya Program, offering preferential interest rates and government support for investment goods financing and electric vehicle acquisition.
• KAP ST Interest-Subsidized Forint Loan (KAP ST kamattámogatott forint hitel) Government interest-subsidized forint loan program for agricultural businesses under the KAP ST framework, providing preferential financing terms for qualifying agricultural investments.
• EXIM Jövő Exportőrei Lízing Export-oriented leasing product supported by EXIM (Hungarian Export-Import Bank) for Hungarian exporters seeking preferential financing for export-related investments.
• Euro Financing (Euró Finanszírozás) Euro-denominated financing options for businesses with EUR revenue, offering competitive exchange rates, currency-matched terms, and reduced foreign exchange risk. Available to businesses whose monthly Euro revenue exceeds monthly payment obligations.
• Boat Financing (Hajófinanszírozás) Specialized boat and marine vessel financing solutions structured as closed-end financial leasing, designed for individual and business acquisition of watercraft.

Quantifiable outcome

• Market-leading position maintained in Hungarian leasing market in 2026

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Automotive Brand Dealerships (Mazda, Jeep, Fiat, Hyundai, Nissan, Honda, Alfa Romeo, Renault, Dacia)coreChannel Partner/ Reseller/ DistributorExtensive dealer network partnerships with major automotive brands. Dealerships act as intermediaries selling Euroleasing financing products at point of vehicle sale. Includes branded financing campaigns with promotional rates (e.g., Mazda 4.9% THM, Jeep Avenger starting at 79,000 Ft/month).
• KAVOSZ Zrt.coreStrategic or Co-development PartnerPartnership for Széchenyi Kártya Program, enabling Euroleasing to offer government-subsidized Széchenyi Lízing MAX+ financing to SMEs. KAVOSZ operates the Széchenyi Kártya Program on behalf of the Hungarian Government, providing interest subsidies for qualifying business investments.
• Magyar Lízingszövetség (Hungarian Leasing Association)minorOthersEuroleasing participates in industry association providing market data, best practices, and regulatory coordination. The association publishes quarterly market statistics used by Euroleasing for market position announcements.
• Magyar Nemzeti Bank (MNB)minorOthersRegulatory oversight by Hungary's central bank. Euroleasing participates in MNB's Pénzügyi Navigátor (Financial Navigator) consumer protection program and implements ESG requirements per MNB Recommendation 7/2025.
• KiberPajzs (Cyber Shield)minorOthersEuroleasing participates in KiberPajzs, a national cybersecurity education initiative led by Hungarian authorities and financial sector organizations to protect consumers from online fraud and phishing attacks.

Scale indicators3 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Santander Consumer Finance Hungary: Santander's Hungarian consumer finance arm provides auto loans, leasing, and personal credit. Directly competes with Euroleasing for Hungarian consumer vehicle financing and SME lending.
• K&H Bank (vehicle financing): K&H Bank, part of KBC Group, is a major Hungarian bank offering vehicle leasing and SME lending. Competes with Euroleasing across Hungarian consumer and SME financing, with overlapping dealer-network and branch-based distribution.
• Raiffeisen Bank Hungary (leasing): Raiffeisen Bank Hungary provides vehicle leasing and SME financing through its branch network. Competes with Euroleasing on SME and consumer financing products, particularly for customers seeking bank-originated credit.
• CIB Bank (vehicle and equipment leasing): CIB Bank (part of Intesa Sanpaolo) provides vehicle leasing and equipment finance in Hungary through its branch and dealer channels. Overlaps with Euroleasing on product offering (open/closed-end leasing, SME financing) and Hungarian customer base.
• Mercedes-Benz Financial Services Hungary: Captive finance arm of Mercedes-Benz in Hungary, offering vehicle leasing and financing through the brand's dealer network. Directly competes with Euroleasing for Hungarian passenger vehicle and commercial vehicle financing, including via dealer-channel promotional campaigns.
• Toyota Financial Services Hungary: Toyota's captive leasing/finance arm in Hungary, distributing financing through Toyota and Lexus dealers. Directly competes with Euroleasing for Hungarian vehicle lease origination, particularly on passenger cars and hybrids/EVs.
• UniCredit Leasing Hungary: UniCredit Leasing is a major captive leasing arm of UniCredit in Hungary, offering vehicle and equipment financing to consumers and businesses via dealer networks. Directly competes with Euroleasing on product range (open-end/closed-end leasing, HUF/EUR) and customer segments (individuals, SMEs).
• Erste Lízing Hungary: Erste Group's Hungarian leasing subsidiary, offering vehicle and equipment financing to consumers and SMEs. Direct competitor on product range, customer segments, and distribution (bank branches plus dealer networks).
• Lombard Lízing (Hungary): Lombard Lízing is a Hungarian-licensed leasing company providing vehicle and equipment financing to individuals and businesses. Directly competes with Euroleasing on consumer auto leasing and SME equipment financing in the domestic Hungarian market.

Emerging players

• Magyar Cetelem Bank: Cetelem is a BNP Paribas-affiliated consumer finance specialist in Hungary focused on point-of-sale lending and personal loans. Adjacent competitor to Euroleasing in consumer credit, though more retail-POS than auto leasing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights1 record

Customer concentration

• YouTubeyoutube.com/channel/UCKIP5GUXTbN9U6rLFpLMKew
• Facebookfacebook.com/euroleasingzrt
• LinkedInlinkedin.com/company/euroleasing-zrt
• TikToktiktok.com/@euroleasingzrt

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Euroleasing