PricewaterhouseCoopers Ltd. (Auditor: Árpád Balázs)
Business activity
MBH Bank is one of Hungarys leading financial institutions. The aim of this modern universal bank is to provide its nearly 2 million retail, corporate and institutional customers with up-to-date financial services and a continuously expanding range of products. MBH Bank has strong market positions in a number of segments, including in lending to micro, small and medium-sized enterprise customers, in the leasing market and in the agricultural and food industry, and it is also engaged in a wide range of money, capital market operations as well as investment service activities. Through its participations MBH Bank provides complex automotive, asset and agricultural machinery financing, fund management, consultancy, pension and health fund services and - through its strategic cooperation with CIG Pannónia Biztosító - insurance products for its customers. MBH Bank lays particular emphasis on synergies with its most important subsidiaries, including Euroleasing Zrt., MBH Befektetési Bank Zrt, MBH Alapkezelő Zrt., MBH Consulting Zrt., MBH Szolgáltatások Zrt., MBH Ingatlanfejlesztő Kft., MITRA Informatikai Zrt. and MBH Inkubátor Kft. Through its role in the domestic bank sector, its solely Hungarian ownership and extensive branch network, MBH Bank strives to provide its customers with personalised services, being committed to responsible banking, Hungarian people, businesses, local communities and the Hungarian economy. MBH Bank was established as a result of a triple merger unique in Hungary and even on the financial markets of the CEE region. The first step of the transformation was the merger of Budapest Bank and MKB Bank in 2022, which was followed on 30 April 2023 by the Takarékbank also merging into MKB Bank. The new single unified credit institution has been operating since 1 May 2023 under the name of MBH Bank, relying on the strengths, values and best practices of three commercial banks.