Native name | Pesti Hazai Első Takarékpénztár |
---|---|
Company type | Joint-stock company |
Industry | Financial services |
Founded | 1839 |
Defunct | 1948 |
Fate | Nationalised |
Headquarters | , |
Area served | Hungary |
Products | Banking services |
The First National Savings Bank of Pest (PHET) (Hungarian: Pesti Hazai Első Takarékpénztár), sometimes translated as First Domestic Savings Bank or referred to simply as First Savings Bank, was a major Hungarian bank that was established in 1839–1840 and was eventually nationalized in 1948, together with its universal banking affiliate Hazai Bank, established in 1895.
It was one of the three largest banks in Hungary in the late 19th and early 20th centuries, together with the Hungarian Commercial Bank of Pest and the Hungarian General Credit Bank.[2]: 147–148