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ITCB – company profile

ITCB (International Training Center for Bankers, Bankárképző) was founded in 1988 to help the know-how transfer of economics, finance and commercial banking in the first years of Hungary’s successful economic transition to a market economy. After the restructuring and early privatization, ITCB has remained Hungary’s market-leader banking consulting, training and research company.

In 1999, ITCB - beside its wide range training activities - started its ecomomics consulting business, at first for EU accession - regional development, Structural Funds-related consultancy projects. For the largest EU funds, the National development Plan 2004-2007, ITCB was one of the leading planning, programming and consultants. Consultancy for network industries started with railway related projects in 2003; and this industry remained one of our major field of economics consulting activity. Since then we have expanded our activities with our clients beyond Hungary, to Austria, Romania, Serbia and Slovakia. We have successfully applied our experience in reorganization, risk management, privatization and market analysis in other industries and fields such as economic development, pension systems and postal service.

Our current consultancy portfolio includes:

  • Management consulting in regulated industries, including restructuring, mergers and acquisitions and privatization;
  • Market analysis, performance measurement and benchmarking in network industries;
  • Economic analysis or regulation for lawmakers, regulators and regulated companies, adaptation strategies for the acquis communitaire in different industries;
  • Developing, implementing and training the use of planning tools for corporations, municipalities, regional and national government;
  • Assessment of human resources and learning needs of corporations, agencies and governmental bodies;
  • Create and maintain trusted databases such as our national interbank database, which is used for performance measurement and benchmarking in all major Hungarian banks.

ITCB  is one of the biggest independent consulting companies in Hungary. As economic and financial consultants we serve our clients with professionalism, local expertise and tailored tools. Our company is involved in post-secondary, postgraduate, on-the-job and executive training. We believe in the strong synergies with understanding the learning curve of our client’s human resources. Our consultants have distinguished personal expertise, integrity and a proven track-record in achieving our client’s goals.

For more info, please contact Béla Öcsi, deputy CEO of ITCB (bocsi@itcb.hu), Ms Erzsebet Vincze, partner consultant (evincze@itcb.hu).

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