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FHB Mortgage Bank Co Plc.

Full nameFHB Mortgage Bank Co Plc.
Short nameFHB Mortgage Bank Co Plc.
SectorBanking
Contact1082 Budapest, Üllői út 48.
Phone: +36-1-452-9100
Fax: +36-1-329-1004
Web: www.fhb.hu
Investor relationsLendvai Beáta
E-mail:
Phone: +36-1-452-9166
Fax: +36-1-320-4152
AuditorDeloitte
Business activity
The FHB Mortgage Bank Plc. - established in 1997 - is a significant player of the Hungarian mortgage lending and housing financing market. At the time of the foundation, its principal business activity was to refinance the development and purchase of housing real estates and disbursement of state subsidised housing loans. Through its direct sales, its agent network as well as its refinancing partner banks, the Bank made the mortgage-based financing country-wide available. The Banking Group - formed by the foundation of FHB Commercial Bank at the end of 2006 -, nowadays operates as a universal bank, it offers wide range of banking services to its clients, who - due to the strategic cooperation between the FHB Group and the Allianz Insurance Company - can get access to insurance, health fund and pension fund type of products and to other Allianz product-related services in close to 50 branches of the FHB Group all over the country. Among the FHB Group members the FHB Commercial Bank Ltd. offers full banking services, the FHB Life Annuity Ltd. - maximising the benefits from cross-selling possibilities - introduced new real estate based financial products for elderly customers, FHB Real Estate Ltd. capitalizes the real estate expertize and data base accumulated during the last fifteen years, while the Real Estate Leasing Ltd. provides premium category real estate financing mainly for private individuals. The shares of the FHB Mortgage Bank Plc. are traded on the Budapest Stock Exchange since November 2003, and majority of the covered bonds and senior unsecured bonds issued by the FHB Mortgage Bank are also listed securities.
Listed securities of the issuer
NameTickerISIN
FHB 2013 Discount bond FK13NF04 HU0000349022
FHB Forte 2014 Discount bond FK14NF01 HU0000348842
FHB share FHB HU0000078175
FJ13NF03 mortgage bond FJ13NF03 HU0000650593
FJ13NF05 mortgage bond FJ13NF05 HU0000652151
FJ13NF06 mortgage bond FJ13NF06 HU0000652516
FJ14NF01 mortgage bond FJ14NF01 HU0000652383
FJ14NF02 mortgage bond FJ14NF02 HU0000652649
FJ15NF01 mortgage bond FJ15NF01 HU0000652425
FJ15NF02 mortgage bond FJ15NF02 HU0000652672
FJ15NF04 mortgage bond FJ15NF04 HU0000652722
FJ16NF01 mortgage bond FJ16NF01 HU0000652458
FJ17NF01 mortgage bond FJ17NF01 HU0000652508
FJ17NF02 mortgage bond FJ17NF02 HU0000652730
FJ18NF01 mortgage bond FJ18NF01 HU0000652755
FJ20NF01 mortgage bond FJ20NF01 HU0000652763
FK13NF01 bond FK13NF01 HU0000345434
FK14ND01 Discount bond FK14ND01 HU0000349766
FK15NF01 bond FK15NF01 HU0000346085
FK16ND01 Discount bond FK16ND01 HU0000352497
FK16NV01 bond FK16NV01 HU0000352570

FHB share

Basic information
TickerFHB
ISINHU0000078175
Date of listing24 Nov 2003
Face value100 HUF
Number of securities listed66,000,010
Market capitalisation (HUF million)25,344
Trading data
Currency of tradeHUF
Last price403
Relative change in price4.94%
Absolute change in price19
Number of shares in last trade100
Bid-ask price /
Bid-ask volume /
Last closing price (date / price)16 May 2013 / 384
Opening price386
Average price398.6231
Daily maximum406
Daily minimum384
Annual highest530
Annual lowest335
Total daily turnover (number)80,770
Total daily turnover in HUF32,196,789
Number of trades128
PeriodTotal daily turnover in HUFAverage price
5-day10,252,144375.1681
30-day6,800,362360.9443
180-day9,335,403396.9910
Liquidity measure30-day average
Bid-ask spread1.04 %
BLM (EUR 20,000)7.59 %
BLM (EUR 100,000)27.62 %
Main corporate events
Date of AGM24 Apr 2013
Split (S)/Reverse split (R)
09 Jun 2005Split (1 : 10)
Derivative instruments:

FHB Mortgage Bank Co Plc.

Key annual data
Audited, consolidated, in compliance with IFRS (Business Year: January 1 - December 31)
20112012
(million HUF)(million HUF)
Net interest income21,49818,545
Total non-interest income9,9624,689
Provisions for loans-19,944-9,756
Operating profit (EBIT)31,46023,235
Profit before tax-7,314-3,415
Profit after tax-5,618-4,464
Dividend per (ordinary) share0.00 HUF0.00 HUF
Loans381,227334,583
Refinancing of mortgage loans226,890164,990
Deposits from customers161,105152,206
Mortgage bond liabilities337,965231,848
Total liabilities762,733675,084
Share capital6,6006,600
Shareholders' equity53,38277,541
Total assets816,114752,625
Number of employees (at business year end)836770

Selected financial ratios
Ratios are based on data submitted by the company
20112012
Equity ratio14.288.70
Return on assets (ROA)-0.11-0.06
Return on equity (ROE)-0.01-0.01
Mid-year reports
Non-audited, consolidated, in compliance with IFRS (Business Year: January 1 - December 31)
Key P&L FiguresJan 2011 - Dec 2011Jan 2012 - Dec 2012
(million HUF)(million HUF)
Net interest income21,49818,545
Total non-interest income9,9624,689
Provisions for loans-19,935-9,756
Operating profit (EBIT)31,46023,235
Profit before tax-7,306-3,415
Profit after tax-5,612-4,464
Key Balance Sheet Items31 Dec 201131 Dec 2012
(million HUF)(million HUF)
Placement with other banks65,29233,981
Loans381,239334,583
Refinancing of mortgage loans226,890164,990
Tangible assets6,4775,961
Total assets816,372752,625
Deposits from banks21,239110,597
Deposits from customers161,105152,206
Mortgage bond liabilities337,965231,848
Total liabilities762,983675,084
Shareholders' equity53,38877,541
Share capital6,6006,600
Total liabilities and shareholders' equity816,372752,625

FHB share

Shareholders exceeding 5% stake
NameShareholding (%)Number of shares
VCP Finanz Holding Kft.24.2015,970,000
A64 Vagyonkezelő Kft.16.2810,746,468
Allianz Hungária Biztosító Zrt.10.476,908,760
Silvermist Estate SA9.576,316,366
Hungarian National Asset Management Inc.7.164,724,833
Free Float
32.32%
Last update: 28 Feb 2013

Note: When determining the Free Float for a particular series, all the securities of the company shall be regarded to be publicly held other than (i) the stock of securities held by holders with direct holdings of at least 5% of the total number of securities, (ii) securities in the possession of custodians, provided the certificate available to the custodian verifies that the particular person holds at least 5% of the total number of securities outstanding.

Management
Management Board dr. SPÉDER Zoltán (chairman), KÖBLI Gyula, FOLTÁNYI Tamás, dr. Christian RIENER, SOLTÉSZ Gábor Gergő, BALOGH Gabriella, STARCZ Ákos
Management KÖBLI Gyula CEO, FOLTÁNYI Tamás deputy CEO, SOLTÉSZ Gábor Gergő deputy CEO
Supervisory Board LANTOS Csaba (chairman), MÁRTONNÉ UHRIN Enikő, SZABÓ Miklós, KÁDÁR Tibor
Last update: 08 May 2013

FHB share

Name of securityFHB share
IssuerFHB Mortgage Bank Co Plc.
Equity classOrdinary share
Type of securityRegistered
Form of securityDematerialised
Code of security (ISIN)HU0000078175
Ticker symbolFHB
Face value100 HUF
Number of securities listed66,000,010
Rights to dividendsFull year
Listing date24 Nov 2003
First trading day24 Nov 2003
Exchange categoryA
Trading unit
Currency of tradingHUF
Tick1
Trading time
Listing price4,300
Derivative instruments: