MBH Bank Nyrt (MBHB)

MBH Bank Nyrt provides various banking products and services in Hungary. It operates through Corporate Banking and Institutions, Retail and Private Banking, and Leasing segments. The company offers term and prize deposit; MBH trezor and retirement savings account; home, personal, worker’s, baby, commodity, and consumer-friendly personal loan; care pension and health, budapest pension, national deposit insurance, and investor protection fund; group accident, life, income, and extra life insurance; personal loan, insurance plus, mortgage credit, and commodity credit collateral insurance; and travel, home, and individual life and pension insurance. It provides bonds, government securities, shares, and foreign structured bonds and certificates, as well as account management, domestic transfer in HUF, videobank, overdraft facility, balance inquiry, information, leasing and car financing, payment facilitation, commercial credit, and residential MFB point plus services. The company also offers trade and bank-to-bank finance, forfaiting and factoring, letters of credit, guarantees, international payments, project, and structured finance; investment and financial advisory services; and investments in securities, hedging transactions, and correspondent banking services. Further, it provides financing for agricultural machinery, commercial vehicles, and buses and general machinery; deposit and savings instruments; credit, debit, shopping, and MBH SZÉP card; and portfolio management services, as well as growth loan, green home, regular savings, and home renovation programs. It serves financial institutions, financial service companies and entities, and international and domestic payments. The company was formerly known as MKB BANK Nyrt. and changed its name to MBH Bank Nyrt in April 2023. The company was founded in 1950 and is headquartered in Budapest, Hungary. MBH Bank Nyrt is a subsidiary of Magyar Bankholding Zrt.