MKB Bank

What MKB Bank does

MKB Bank, now operating as MBH Bank Nyrt., is Hungary's third-largest commercial bank formed through the consolidation of MKB Bank, Takarékbank, and Budapest Bank's corporate portfolio under the Magyar Bankholding group. The bank was established on May 1, 2023, following the April 2023 merger of MKB Bank and Takarékbank, with Budapest Bank corporate customers migrated to the unified MBH IT system in September-October 2023. MBH Bank operates as a publicly listed Hungarian public limited company (Nyrt.) headquartered at Váci u. 38, Budapest, with 1,001-5,000 employees serving customers across a nationwide branch and ATM network with over 90% accessibility for customers with disabilities.

The bank provides a comprehensive suite of retail and corporate banking products through multiple channels: physical branches, ATMs, MBH Netbank (online banking with legacy profile variants for former MKB/BB/Takarék customers), MBH Bank App (mobile banking with biometric authentication, Apple Pay/Google Pay integration), MBH Videobank (live video consultation), and Telebank (24/7 phone support). Core products include mortgage and personal loans (including government-subsidized Otthon Start at 3% fixed and Babaváró family loans), deposit accounts with promotional rates up to 7.25%, debit and credit cards (Mastercard/VISA), investment products via MBH Befektetési Bank subsidiary, insurance distribution, and SZÉP Card cafeteria benefits. The bank serves eight distinct customer segments: retail, corporate, SME, agricultural, municipal, church, investment, and private banking/premium clients.

Revenue is generated through interest income on lending products, fee and commission income on accounts and transactions, investment product distribution, insurance distribution (bancassurance), and SZÉP Card management services. GTM motion combines enterprise field sales for corporate clients with direct-to-consumer acquisition through online account opening (offering up to 60,000 Ft credit and 120,000 Ft Tripla package refunds), digital onboarding, and competitive deposit rate promotions. Marketing channels span the mbhbank.hu website, Monitor financial insights blog, Bónusz Podcast, and social media presence on Facebook, LinkedIn, and YouTube.

Name

MKB Bank

Legal name

MBH Bank Nyrt.

Website

https://mkb.hu

Company type

Public

Founded year

2023

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

MBH Bank Nyrt. (formerly MKB Bank) is Hungary's third-largest commercial bank, formed through the 2023 merger of MKB Bank, Takarékbank, and Budapest Bank's corporate portfolio, serving retail, corporate, SME, agricultural, municipal, and private banking customers nationwide through branches, ATMs, and digital channels.

Ownership category

akta.pro rank

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, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income: Traditional banking revenue from interest-bearing products including home loans (MBH Otthon Start at 3% fixed), personal loans, consumer credit, and business lending
2. Fee and Commission Income: Account maintenance fees, transaction fees (domestic and international transfers including SEPA), card fees, and service charges across retail and corporate banking
3. Investment Products Distribution: Distribution of investment funds, government securities, mortgage bonds, and wealth management products through MBH Befektetési Bank
4. Insurance Distribution: Bancassurance offering including travel insurance, life and pension insurance, home insurance, and credit protection insurance
5. SZÉP Card Services: Employer benefit card program management for catering, recreation, and cultural allowances

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

MKB Bank (now operating as MBH Bank Nyrt.) is a Hungarian commercial bank offering retail and corporate banking products and services. It provides deposit accounts, mortgage and personal loans, credit and debit cards, investment products, insurance distribution, and SZÉP Card cafeteria benefits, distributed through a nationwide branch and ATM network, online and mobile banking platforms, video banking, and 24/7 telephone support.

Product overview

MBH Bank operates as a multi-channel banking platform offering digital banking services through multiple branded interfaces for different legacy customer bases (former MKB Bank, Budapest Bank, and Takarékbank). The core digital platforms include MBH Netbank (online banking with retail, corporate, and legacy variants), MBH Bank App (mobile banking with profile-based access), MBH Direct Bank (corporate desktop application), and MBH Vállalati Netbank/App (corporate digital channels). Supporting services include MBH Info (transaction notifications via SMS/push), MBH Videobank (video-assisted banking), and Telebank (24/7 telephone support). The bank provides a comprehensive retail and corporate product suite including deposit accounts, mortgage and personal loans (Lakáshitel, Személyi Kölcsön, Áruhitel, Babaváró, Munkáshitel), credit cards, debit cards (with Apple Pay/Google Pay integration), SZÉP Card cafeteria benefits, investment services, and insurance products. The MBH OpenAPI enables external integration capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• MBH Netbank: Online banking platform for retail and corporate customers
• MBH Bank App
• MBH Direct Bank
• MBH Vállalati Netbank
• MBH Vállalati App
• MBH Videobank
• MBH Info
• MBH Szép Kártya
• MBH Otthon Start Lakáshitel
• MBH Akciós 3 hónapos betét

Products and services

• MBH Netbank Online banking platform providing account management, transfers, and transaction management for retail and corporate customers, available in legacy variants (formerly MKB, BB, Takarék).
• MBH Bank App Mobile banking application for retail customers supporting biometric authentication, push notifications, card management, and digital wallet integration with Apple Pay and Google Pay.
• MBH Számlacsomagok

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature6 records

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• OTP Bank: Hungary's largest commercial bank, offering a directly comparable full retail, corporate, SME, and investment banking product suite across Hungary and Central Europe. Most direct competitor to MBH Bank in the same market with overlapping products and customer segments.
• K&H Bank: Hungarian subsidiary of KBC Group providing retail, corporate, and investment banking services domestically. Directly competes with MBH Bank across retail accounts, mortgages, personal loans, and corporate banking.
• Erste Bank Hungary: Hungarian subsidiary of Erste Group, one of the leading retail and corporate banks in Hungary. Comparable full-service banking offering and similar nationwide distribution to MBH Bank.
• UniCredit Hungary: Hungarian subsidiary of UniCredit Group offering retail, corporate, and private banking. Competes with MBH Bank for corporate clients, mortgages, and consumer credit in Hungary.
• CIB Bank: Hungarian subsidiary of Intesa Sanpaolo providing retail, corporate, and private banking services. Direct overlap with MBH Bank's product portfolio across accounts, loans, and digital banking.
• MagNet Bank: Hungarian community-focused commercial bank offering retail and SME banking products. Smaller-scale but directly comparable domestic commercial banking competitor to MBH Bank.
• Raiffeisen Bank Hungary: Hungarian subsidiary of Raiffeisen Bank International, providing retail, corporate, and investment banking products. Direct competitor to MBH Bank in the Hungarian retail and SME segments.

Emerging players

• Gránit Bank: Hungarian digital-first commercial bank competing on mobile-led retail banking and account opening. Overlaps with MBH Bank's digital retail strategy but with a branch-light, app-centric model.

Regional players

• PKO Bank Polski: Poland's largest commercial bank, offering a comparable full-service retail, corporate, and mortgage product set in a neighboring Central European market. Useful regional benchmark for scale, NIM, and digital adoption even though it does not compete with MBH Bank domestically.
• Komercní banka: Major Czech commercial bank within the Société Générale group, serving retail, SME, and corporate clients with a similar universal banking model. Regional peer useful for Central European benchmarking though it operates in a different national market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

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

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about MKB Bank