MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság products, services and reviews

About MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság

MFB Magyar Fejlesztési Bank Zártkörűen Működő Részvénytársaság (MFB) is Hungary’s state-owned development bank, operating as a closed joint-stock company with a mandate to finance and implement public-interest and economic development projects; originally founded in the early 1990s and reorganized into its current institutional form in the 2010s, MFB focuses on medium- and long-term lending, project finance, guarantees, equity participation and program management rather than conventional retail banking, and it typically channels funds either directly to large investment projects and municipalities or indirectly through partner commercial banks for small and medium-sized enterprises; its activities include support for infrastructure, regional development, export financing and the administration of certain government and EU-supported schemes, with instruments that range from direct loans and subordinated debt to credit lines and fund-of-funds arrangements; as a policy bank it operates under state ownership and oversight and aligns its operations with government development objectives, publishes regular financial statements and program reports, and is primarily relevant to corporations, public entities and project sponsors seeking development-oriented financing rather than private individuals seeking standard deposit or consumer banking services.