Magyar Fejlesztési Bank/Hungarian Development Bank

MFB Hungarian Development Bank’s core activities include the provision of preferential loans for domestic businesses and private individuals, the fulfilment of development requirements and fund management tasks in relation to the country’s European Union membership. Through its active participation in the performance of such tasks, MFB contributes to a balanced economic growth. The Bank has been operating as a financial institution with a focus on investments since 1993, i.e. for 25 years.

As a development bank, MFB’s priority is to provide funding opportunities in areas where commercial banks cannot provide loans efficiently, that is, the Bank wishes to address the shortcomings of the market. MFB lays particular emphasis on supporting access to EU funds, therefore, it has created the Network of MFB Points, which had, by the end of 2017, been expanded to 642 Points where business representatives and retail clients can request information.