Hungarian Postal Savings Bank

It is well remembered for its head office in District V of Budapest, a striking Art Nouveau building designed by Ödön Lechner.

[citation needed] A state institutions under the Ministry of Trade, the Postal Savings Bank used local post offices as its branches and thus had unparalleled to retail clients, especially less wealthy ones.

[5] It is emblematic of the Hungarian szecesszió style, which was part of the larger "secession" zeitgeist in European art and architecture at the time.

[7] Decorative elements inspired by nature can be found everywhere, including large ceramic bee hives that sit atop the green patterned roof.

[9]: 383–383 A successor entity named Postabank was established in 1988 to offer financial services through the Hungarian post office network, majority-owned by Magyar Posta with a 20-percent stake sold to foreign investors in 1990.