Hungarian lender MBH Bank has decided to issue another EUR 500 million in MREL-eligible bonds as part of its international bond program: Investor interest was high, with the offering nearly two and a half times oversubscribed; the bank ultimately decided to issue bonds with a total face value of EUR 500 million, the financial institution […]
MBH Bank had a first-quarter loss of HUF 19.4 billion as it booked the bank levy and windfall profit tax for the full year during the period, an earnings report released on the website of the Budapest Stock Exchange on Thursday shows. The bank had HUF 54.1 bn adjusted profit after taxes (-6.1% y/y) in […]
Consolidated after-tax profit of MBH Bank, Hungary's second-largest commercial lender, fell 17% to HUF 165.1 billion in 2025, an earnings report released on Thursday shows. Consolidated after-tax profit of MBH Bank, Hungary's second-largest commercial lender, fell 17% to HUF 165.1 billion in 2025, an earnings report released on Thursday shows. Net interest revenue dropped 9% […]
MBH Bank will be included in the Budapest Stock Exchange's main BUX index from April 1, the lender sent a press release to MTI on Tuesday. According to the announcement, inclusion in the BUX index marks another milestone in strengthening the bank’s presence in the capital markets and serves as confirmation of the company’s stock […]
MBH Bank, Hungary's second-biggest commercial lender, on Monday announced that it will issue a EUR 500m five-year bond on February 2. Investors had offered to subscribe EUR 2.2 billion of the MREL (Minimum Requirement for own funds and Eligible Liabilities)-eligible funding, more than four times higher than the original offer, MBH said. During the transaction, […]
The Hungarian MBH Bank has closed the acquisition of an 80% stake in real estate broker Otthon Centrum from a unit of Biggeorge Holding, the lender said in a disclosure on the website of the Budapest Stock Exchange after the closing bell on Wednesday. MBH Bank, Hungary's second-biggest commercial lender, initially announced the acquisition in […]
MBH Bank, Hungary's second-biggest commercial lender, on Tuesday announced the acquisition of a controlling stake in real estate broker Otthon Centrum from a unit of Biggeorge Holding. MBH Bank agreed to acquire an 80% stake in the broker and expects to acquire the remaining 20% stake in 2028, if certain conditions are met. The deal […]
MBH Bank closed the first six months of this year in a solid financial position: its balance sheet total was HUF 12,452 billion at the end of the half-year, and thanks to active lending, the gross retail loan portfolio grew by 10% and the gross corporate loan portfolio by 5.1% compared to the same period […]
MBH Bank and the Hungarian Export Promotion Agency (HEPA) signed a cooperation agreement in May last year with the aim of coordinating their activities and clientele in order to provide even more effective support to Hungarian companies operating in export markets or just planning to appear there. The main objective of the agreement is to […]
MBH Bank closed the first quarter with a stable high profitability: its total assets grew by almost 8.8% year-on-year to more than HUF 12,824 billion, the adjusted pre-tax profit of the banking group amounted to HUF 67.9 billion, and its adjusted return on equity reached 20.5%, the company told MTI on Wednesday. They added that […]
With the popularity of digital payment solutions, the use of cash continues to play a dominant role in everyday life, and in response to this demand MBH Bank will install ATMs at 55 Mol petrol stations, the companies' executives announced on Thursday at a handover ceremony at the Prielle Kornélia Street petrol station in Budapest's […]
MBH Bank held its Annual General Meeting, at which shareholders approved the individual and consolidated financial statements of the bank prepared in accordance with International Financial Reporting Standards, as applicable for 2024 and voted on the other items on the agenda, the bank has announced. The report says the company's year 2024 was in line […]
MBH Bank Plc. achieved outstanding financial results in 2024, with significant growth: its balance sheet total increased by 12.6% to HUF 12,504.7 billion, and its adjusted profit after tax remained stable at HUF 236 billion, Péter Krizsanovich, Deputy CEO of the bank responsible for strategy and finance, said at a press conference in Budapest on […]
There was strong investor interest in MBH Bank Plc's new international MREL-eligible bond 2025 on January 21, according to the financial institution. A total of more than EUR 1.6 billion was offered by investors, which is more than three times the minimum target set at the start of the offering, the bank told MTI on […]
MBH Bank Plc. is further increasing its stake in Fundamenta-Lakáskassza Plc. after signing a sale and purchase agreement with Generali Biztosító Plc.. for the purchase of a 14.88% stake in the housing savings bank; after obtaining the necessary regulatory approvals, the credit institution will hold a total of 91.23% of the company. MBH Bank said […]
