MKB Bank
MKB Bank, formerly Magyar Külkereskedelmi Bank (lit. 'Hungarian Foreign Trade Bank'), is the fourth-biggest commercial bank in Hungary. Its privatisation started in 1994, when BayernLB purchased a minority stake. Hungarian government bought it back in 2014.[1]
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| Type | Public |
|---|---|
| Industry | Finance and Insurance |
| Founded | 1950 |
| Headquarters | Budapest, Hungary |
| Products | Commercial banking, |
| Website | www.mkb.hu |
The MKB Bank is the main sponsor of the MKB Veszprém handball club.
MKB Bank, majority owned by PM Viktor Orbán’s fast-emerging, childhood friend Lőrinc Mészáros and pro-government construction mogul László Szíjj, has financed by loan the campaign of French radical right presidential candidate, Marine le Pen. The recently-published asset declarations of France’s presidential candidates reveal that le Pen received some EUR 10.7 million in total.
See also
References
- "Hungary nationalises German-owned MKB bank". ft.com. 24 July 2014. Retrieved 24 January 2017.
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