MBH Bank

What MBH Bank does

MBH Bank Nyrt. is Hungary's second-largest commercial bank, formed on May 1, 2023 through the merger of MKB Bank Nyrt. and Takarékbank Zrt., with the combined entity operating as the parent bank of the Magyar Bankholding group. The bank consolidated three predecessor institutions — MKB Bank, Takarékbank, and the corporate portfolio of Budapest Bank (whose clients were migrated onto MKB IT systems by September 2023) — under a unified MBH brand. It is publicly listed on the Budapest Stock Exchange (ticker: MBH) and in December 2025 completed the largest equity transaction on the BSE in 25 years, with nearly 12,000 investors participating in a secondary public offering.

MBH operates a multi-channel banking platform serving seven primary customer segments: retail/consumer, small and medium enterprises, corporate/large enterprise, agricultural enterprises, municipalities and public sector, religious organizations, and private banking/premium clients. Distribution combines 154 MFB Pont Plusz physical branches (designated for subsidized government loan programs), a unified digital banking stack built around three legacy MBH Netbank variants (consolidated into MBH Vállalati Netbank for corporate clients by December 2025), the MBH Bank App and MBH Vállalati App for mobile banking, MBH Direct Bank for enterprise desktop banking, Videobank for video consultations, 24/7 Telebank, and an ATM network extending former Budapest Bank infrastructure. Authentication is handled through the ViCA biometric app, DÁP government e-identification, and QR code login. The product set spans deposits and savings (including a 7.25% promotional three-month deposit), lending (notably the 3% fixed-rate MBH Otthon Start government-subsidized mortgage up to HUF 50 million), credit cards (Mastercard Business Silver/Gold, MBH Szép Kártya), corporate treasury, factoring, government securities distribution, and merchant payment acceptance (POS/VPOS, Qvik, Apple Pay, Google Pay).

Revenue is generated through net interest income on lending products, fee and commission income from transactions and account management, investment and wealth management services, digital banking subscriptions, and corporate banking/advisory services. The bank holds OBA deposit protection, BEVA investor protection, and MiFID investment-services certifications. In November 2025 MBH announced acquisition of a controlling stake in Otthon Centrum real estate broker, vertically extending into the property brokerage vertical. Strategic distribution partnerships include MFB Zrt. for government-subsidized SME lending (Széchenyi Kártya, DIMOP, GINOP, Növekedési Hitelprogram) and BUPA (operated by MBH eFIN Technologies Zrt.) for SME digital marketplace services.

Name

MBH Bank

Legal name

MBH Bank Nyrt.

Website

https://mbhbank.hu

Company type

Public

Founded year

2023

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

MBH Bank is Hungary's second-largest commercial bank providing retail, SME, corporate, agricultural, municipal, and private banking through 154 branches and multi-channel digital platforms. Formed in 2023 from the MKB Bank-Takarékbank merger and publicly listed on the Budapest Stock Exchange.

Ownership category

akta.pro rank

Product category

Universal / Commercial Banking

NAICS

Commercial Banking (522110)

SIC

National Commercial Banks (6021)

akta.pro primary industry

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)

Keywords

• Retail banking services
• Corporate banking
• SME lending
• Digital banking
• Investment services

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain, Others

Revenue model

1. Net Interest Income: Traditional banking revenue from interest spreads on lending products including mortgages (MBH Otthon Start), personal loans, business loans, credit cards, and overdraft facilities.
2. Fee and Commission Income: Transaction fees, account maintenance fees, card fees, and commission income from payment services, foreign exchange, and treasury operations.
3. Investment and Wealth Management: Revenue from securities trading, investment funds distribution, government bond sales, insurance product distribution, and private banking services.
4. Digital Banking Services: Income from digital banking subscriptions, premium account packages, and value-added services for retail and corporate clients.
5. Corporate Banking Services: Revenue from corporate financing including working capital loans, investment loans, factoring, treasury services, and M&A advisory.

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels7 records

Core offering

MBH Bank is a universal commercial bank providing retail, SME, corporate, agricultural, municipal, and private banking services across Hungary. Its core offerings include current accounts, mortgage and personal loans, corporate and SME financing (including EU-subsidized programs), credit cards, savings and time deposits, government bond distribution, treasury and FX services, factoring, merchant payment acceptance (POS/VPOS, Qvik, Apple Pay, Google Pay), and investment services delivered through MBH Befektetési Bank. These are distributed via 154 MFB Pont Plusz branches, the broader branch network, and a unified digital banking platform (Netbank, mobile apps, Videobank, Telebank, Direct Bank).

Product overview

MBH Bank is Hungary's second-largest commercial bank formed through the 2023 merger of MKB Bank and Takarékbank under Magyar Bankholding. The bank operates a multi-channel banking platform serving retail, SME, corporate, agricultural, municipal, and private banking segments through unified digital banking services. The core digital platform consists of MBH Netbank (internet banking with three variants for former BB, MKB, and Takarék customers), MBH Bank App (mobile banking), MBH Vállalati Netbank and App (corporate platforms), MBH Direct Bank (desktop corporate software), and MBH Videobank (video consultation). These connect to a comprehensive product suite including deposit/savings products (MBH Szép Kártya, time deposits, government bonds), lending (home loans, personal loans, corporate credit, MFB development programmes including GINOP/DIMOP digital transformation loans), payment services (card processing, POS/VPOS, Qvik, SEPA), treasury and factoring services, and business tools (BUPA Iranító dashboard). Authentication is supported through ViCA biometric app, DÁP e-identification, and QR code login. The bank distributes government securities and offers EU-funded development financing through 154 MFB Pont Plusz branches.

Differentiator

Problem solved

Functional benefit

Products and services

• MBH Netbank Internet Banking Unified internet banking platform for retail and corporate customers providing account management, transfers, card operations, savings access, investments, and authentication via QR code and push notification. Available to former Budapest Bank, MKB Bank, and Takarékbank customers as three merging variants, with a separate corporate variant (MBH Vállalati Netbank) for business clients.
• MBH Bank App Mobile banking application for iOS and Android providing smartphone-based banking access with biometric authentication (fingerprint/Face ID), push notifications, QR code login, and transaction approval for retail customers of the former MKB, BB, and Takarék banks.
• MBH Vállalati App Corporate mobile banking application for business banking on-the-go with biometric authentication, transaction approval, and integration with MBH Vállalati Netbank for SME and large enterprise customers.
• MBH Direct Bank Desktop-installed corporate banking software for large enterprises with secure data flow, direct connection to company financial systems, multi-user access, and EBICS-MultiCash integration for high-volume corporate payment processing.
• MBH Videobank Live video call banking service for real-time customer consultation with bank advisors during business hours (weekdays 9:00-17:00), supporting account opening, loan applications, and general banking inquiries across retail and corporate segments.
• ViCA (Virtual Chip Card Application) Virtual smart card authentication app enabling biometric (fingerprint/Face ID) login and transaction approval for MBH Netbank and MBH Vállalati App users, replacing SMS-based authentication for enhanced security.
• MBH SZÉP Card Employer-provided card system for catering, recreation, and wellness benefits (SZÉP card) with digital wallet provisioning, online card management, and acceptance at Hungarian hospitality and leisure merchants.
• Mastercard Business Gold Premium business credit card for small and large enterprises with enhanced spending controls, travel benefits, and expense management features.
• Mastercard Business Silver Standard business credit card for small and medium enterprises with essential corporate spending and cash withdrawal features.
• MBH Otthon Start Lakáshitel Government-subsidized home purchase loan with 3% fixed annual interest rate for first-home buyers purchasing new or used property or building, up to HUF 50 million over 25 years (THM: 7.31%-7.92%).
• MBH Minősített Fogyasztóbarát Személyi Hitel Certified consumer-friendly personal loan meeting MNB (Magyar Nemzeti Bank) quality standards with transparent pricing and customer protection requirements for retail borrowers.
• Minősített Vállalati Hitel Certified corporate lending product meeting quality standards for SME and large enterprise financing with competitive rates and streamlined processing.
• Széchenyi Kártya Program MAX+ Government-backed SME credit programme offering favorable loans for small and medium enterprises with subsidized interest rates and guarantee schemes, distributed through MFB Pont Plusz branches.
• MBH Rapid Vállalati Hitelek Quick approval corporate lending solutions for urgent business financing needs with expedited processing and decision timelines.
• MFB Pont Plusz Development Finance Portal EU-funded development loan portal offering subsidized credit programmes including GINOP and DIMOP digital transformation loans with interest-free financing for SME modernization, distributed through 154 dedicated MFB Pont Plusz branches nationwide.
• Demján Sándor Program Government SME support programme providing favorable financing conditions for small and medium enterprise development and growth.
• Treasury Services Foreign exchange, currency conversion, and risk management services including FX rate and interest rate hedging for corporate clients.
• Faktoring (Factoring Service) Invoice-based financing service enabling rapid access to cash from unpaid commercial invoices, improving business liquidity and reducing receivables risk for corporate clients.
• Lekötött Betétek (Time Deposits) Time deposit products including MBH Akciós 3-month promotional deposit with competitive interest rates for retail savings accumulation (e.g., 7.25% EBKM, minimum HUF 100,000, maximum HUF 50,000,000).
• Állampapír Forgalmazás (Government Bond Distribution) Distribution of Hungarian government securities including Magyar Állampapír Plusz (MÁP+), Bónusz MÁP, Prémium MÁP, Fix MÁP, Diszkont Kincstárjegy, and Magyar Államkötvény for retail and institutional investors.
• Bankkártya POS/VPOS Elfogadás (Card Payment Acceptance) Merchant card payment acceptance services including POS terminal and VPOS virtual terminal solutions for in-person and online card transactions, supporting Apple Pay and Google Pay tokenization.
• Qvik Elfogadás (Instant Payment Acceptance) Integration service for Qvik instant payment system enabling real-time interbank transfers and payments through the national instant payment infrastructure for merchants.
• MBH Netbroker / Mobilbroker Online investment management platform for securities trading, portfolio management, and investment fund access, replacing former Takarékbank investment services for retail and corporate clients.
• BUPA - Iránító (Business Dashboard) Digital business dashboard (operated by MBH eFIN Technologies Zrt.) providing real-time business metrics, KPIs, and financial performance visualization for SMEs with 20% discount for MBH Bank customers.
• KKV Technológia Plusz Budapest Hitelprogram (GINOP Plusz Technology Loan) EU-subsidized GINOP Plusz technology loan programme offering interest-free investment loans for MSMEs for technology modernization including IKT equipment, machinery, and renewable energy solutions.
• DIMOP PLUSZ Digital Transformation Lending Program EU-subsidized DIMOP PLUSZ digital transformation lending programmes offering interest-free loans for SME digital transformation including AI technology adoption.

Quantifiable outcome

• Nearly 12,000 investors participated in December 2025 secondary public offering

Named customers1 record

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

AI capability10 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Otthon CentrumcoreStrategic or Co-development Partner · 17 November 2025MBH Bank announced acquisition of a controlling stake in real estate broker Otthon Centrum from Biggeorge Holding. This vertical integration expands the bank's real estate services offering, enabling cross-selling of banking products to real estate transaction customers.
• Biggeorge HoldingminorOthersParent company of Otthon Centrum real estate broker from which MBH Bank acquired controlling stake.
• MFB Zrt. (Hungarian Development Bank)coreStrategic or Co-development PartnerMBH Bank serves as intermediary partner for MFB Zrt.'s subsidized loan programs including MFB Pont Plusz, Növekedési Hitelprogram, DIMOP Plusz, and GINOP Plusz. The bank operates 154 MFB Pont Plusz branches nationwide distributing interest-free and subsidized loans to SMEs and microenterprises.
• BUPA / BUPA IrránytűminorGTM or Marketing PartnerBUPA is a digital marketplace for SMEs operated by MBH eFIN Technologies Zrt. (MBH Bank Group member). MBH Bank offers 20% discount on BUPA services to its customers, and BUPA provides free online workshops and loan pre-qualification services for MBH SME customers.
• Sberbank (Portfolio Transfer)minorOthersMBH Bank handled the portfolio transfer of Sberbank's retail and corporate credit and loan transactions following Sberbank's exit from Hungarian market.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Gránit Bank: Hungarian digital-first challenger bank offering retail and SME banking primarily through mobile and online channels. Represents the digital-native threat to MBH's traditional banking model.
• MagNet Bank: Hungarian values-based community bank focused on retail and SME segments with ethical banking positioning. Smaller scale than MBH but increasingly relevant as a differentiated retail competitor.

Direct peers

• CIB Bank: Hungarian universal bank owned by Intesa Sanpaolo, offering retail and corporate banking products comparable to MBH's. Direct competitor in Hungarian SME and corporate lending markets.
• OTP Bank: Hungary's largest commercial bank offering retail, SME, corporate, and investment banking services across a comparable universal banking model. As MBH's primary head-to-head competitor, OTP directly contests every segment MBH serves.
• K&H Bank: Hungarian universal bank majority-owned by KBC Group, serving retail, SME, and corporate clients with full-service banking similar to MBH. Operates comparable digital channels and branch network within Hungary.
• Erste Bank Hungary: Hungarian subsidiary of Austrian Erste Group, providing retail and corporate banking services with similar product breadth to MBH. Competes directly across mortgages, SME lending, and corporate banking.
• Raiffeisen Bank Hungary: Hungarian operation of Raiffeisen Bank International offering retail and corporate banking. Competes with MBH in Hungarian SME lending, mortgages, and corporate treasury services.
• UniCredit Bank Hungary: Hungarian subsidiary of UniCredit Group providing universal banking services to retail, SME, and corporate clients. Comparable full-service product suite to MBH with cross-border corporate banking capabilities.

Broad incumbents

• Deutsche Bank: Global universal bank with Hungarian corporate and investment banking presence. Overlaps with MBH in large corporate financing, treasury services, and capital markets advisory, though not competing meaningfully in Hungarian retail.
• BNP Paribas: Global universal bank with Hungarian operations serving corporate and institutional clients. Comparable to MBH in corporate banking, factoring, and treasury services but does not focus on Hungarian retail or SME segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xfacebook.com/mbhbankhungary
• YouTubeyoutube.com/@mbhbank
• Facebookfacebook.com/mbhbankhungary
• LinkedInlinkedin.com/company/mbh-bank

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MBH Bank