Hungarian Development Bank

Hungarian Development Bank logo

The Hungarian Development Bank (MFB Magyar Fejlesztési Bank Zártköruen Muködo Részvénytársaság) is a state-owned specialized financial institution functioning as a development bank in the classical sense of the word, dealing with the allocation of public and market resources for development purposes.

The Bank's strategy is primarily defined by its role in the attainment of government development objectives, and it operates with a view to advancing Hungary's economic convergence with the most developed countries by providing medium- and long-term development loans and development capital.

HQ: Budapest, Hungary
Founded: 1993
ID: 768. Updated: 06.04.2014

  • Head office: 1051 Budapest, Nador u. 31
  • Phone: 06-40-555-555
  • Fax: n/a
  • SWIFT: HBIDHUHB
  • Key people: Csaba Nagy (CEO)
  • Company type: Private Limited Company

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