The Hungarian Development Bank (Hungarian abbreviation: MFB) is a specialised financial institution, which performs its activities in conformity with relevant Hungarian legislation, and the support policy and competition rules of the European Union.
The core function of the Bank is to promote economic development, provide funding for small- and medium-sized businesses, to increase the technological level and the rate of employment, to improve the conditions of the development of energy efficiency, environmental protection and infrastructure taking into account sustainability criteria and to reduce regional disparities. In order to ensure the efficient use of EU funding, MFB with its products helps businesses to improve their absorption capacity.
The Bank is a catalyst in providing adequate conditions for harmonious and balanced economic growth by linking development policy objectives, money market funds allocated under conditions more favourable for businesses than market conditions and their efficient management.
The activities of MFB and the members of the Banking Group under its supervision cover virtually the full spectrum of development policy and offer their products to almost all actors in the Hungarian economy: to small- and medium-sized businesses, to municipalities, to the retail sector, to large enterprises.
Nador u. 31.
Budapest; Budapest; Postal Code: 1051
Contact Details: Purchase the MFB Zrt. report to view the information.
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