Created by Anna Mileiko 
Established in 1991, Magyar Fejlesztesi Bank (Hungarian Development Bank) provides financing solutions (including working capital loans, project loans, start-up loans) to domestic enterprises, agricultural enterprises, municipalities and private individuals.
In 2022, MFB Magyar Fejlesztési Bank Zrt achieved the position of 9th largest bank in Hungary with a market share of 4.44%; its total assets grew by 23.66%.
Additionally, the bank became the 24th profitable bank in relation to its total assets showcasing 0.23% return on assets and 1.16% return on equity in 2022.
Deposits up to 100,000 EUR are covered by Hungarian deposit guarantee scheme in MFB Magyar Fejlesztési Bank Zrt.
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MFB Magyar Fejlesztési Bank Zrt is the 9th largest bank in Hungary in terms of total assets. In 2022 its total assets were 2 969,98 bln HUF, providing the bank with the market share of 4.44%. In 2022 the bank's net income was 6 194,36 mln HUF.
MFB Magyar Fejlesztési Bank Zrt is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is BBB (good credit quality). Long-term credit rating assigned to the bank by Moody's is Baa2 (lower medium grade).
National Deposit Insurance Fund (NDIF)MFB Magyar Fejlesztési Bank Zrt participates in the deposit guarantee scheme of Hungary which applies to current accounts, savings accounts, time deposit accounts made by natural persons (Hungarian and foreign), legal entities and covers up to up to 100,000 EUR per bank per depositor. MFB Magyar Fejlesztési Bank Zrt is a member of National Deposit Insurance Fund (NDIF) and makes its contributions into it.
Nádor utca 31., 1051, Budapest 05. ker., Hungary
https://www.mfb.hu/MFB Magyar Fejlesztési Bank Zrt is headquartered in Budapest 05. Ker..
MFB Magyar Fejlesztési Bank Zrt is authorized and supervised by the Magyar Nemzeti Bank.
