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October 07, 2015 5:32 PM ET


Company Overview of MKB Bank Zrt.

Company Overview

MKB Bank Zrt. provides various banking and non-banking products and services in Hungary. The company’s Corporate Banking segment provides trade finance, credit products, accounts and deposit products, forfeiting and factoring, letters of credit, guarantees, international payments, portfolio management, project and structured finance, investment and financial advisory services to large Hungarian and regional public and private-sector entities. Its Institutional Banking segment serves financial institutions and financial service companies with nostro and vostro account services, payments, and correspondent banking activities, as well as participates in bank-to-bank finance, club, and syndicate...

Váci utca 38

Budapest,  1056


Founded in 1950

2,178 Employees


36 1 327 8600


36 1 327 8700

Key Executives for MKB Bank Zrt.

Chief Executive Officer
Chairman of Life Insurance & General Insurance Arms and Chief Executive Officer of Life Insurance & General Insurance Arms
Deputy Chief Executive Officer
Legal Counsel and Member of Supervisory Board
Branch Director and Member of the Supervisory Board
Compensation as of Fiscal Year 2015.

MKB Bank Zrt. Key Developments

MKB Planned To Be Sold To Local Investor

Marton Nagy, Vice President of the Magyar Nemzeti Bank told that the state intends to sell the commercial financial institution MKB Bank Zrt. by the end of 2015. The financial institution is planned to be sold to a local investor primarily but foreign ones may also be interested. MKB Bank may also get access to state subsidy during the transaction.

OTP Denies Interest In MKB

OTP Bank Plc. (BUSE:OTP) is not interested in acquiring stake in MKB Bank Zrt. OTP has denied speculation regarding the same. On September 23, 2015, said that chances OTP would buy MKB had grown.

MKB To Be Sold In 2016

MKB Bank Zrt. May be sold. Vice President of MNB, Adam Balog told the press that the company may be privatized by the beginning of 2016 at the latest.

Recent Private Companies Transactions

January 8, 2015
General insurance and life insurance units of MKB Bank Zrt.

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