MBH Mortgage Bank Co. Plc (FH21)

Overview

MBH Jelzálogbank Nyilvánosan Muködo Részvénytársaság operates as a comprehensive mortgage banking institution in Hungary. The bank, alongside its subsidiaries, engages in delivering an array of banking services across different segments including Retail, Corporate, Investment Services, Treasury, Refinancing, and Others. It was established in 1997 and is headquartered in Budapest, Hungary. Initially known as Takarék Jelzálogbank Nyrt., it underwent a name change in May 2023 to its current title, reflecting a phase of rebranding or restructuring. MBH Jelzálogbank Nyilvánosan Muködo Részvénytársaság plays a crucial role in the Hungarian financial system by providing mortgage refinancing solutions, which supports the function of commercial banks in extending housing loans to their clients. Beyond this, it offers a broad spectrum of banking and financial services aimed at satisfying the needs of various customer segments from individual retail customers to corporate clients and investors.

Products and Services

• Deposits, Savings, and Bank Accounts: The company offers a variety of deposit products, saving schemes, and bank account options designed to cater to the diverse financial needs and goals of its clients.
• Housing Loans, Consumer Loans, Corporate Loans, and Commercial Real Estate Loans: A wide range of loan products are available, including housing loans for personal real estate purchases, consumer loans for personal needs, loans aimed at corporate clients for business purposes, and loans for the purchase or development of commercial real estate properties.
• Bank Cards and Electronic Payment Systems Services: MBH Jelzálogbank provides its clients with bank cards and modern, secure electronic payment solutions to facilitate convenient and efficient transactions.
• Mortgage Loan Refinancing: The bank stands out for its service of refinancing mortgage loans, aiding both commercial banks and their customers by providing financial solutions that enable the restructuring or renegotiation of existing mortgage loans.
• Real Estate Collateral Valuation, Investment, Agency and Sales, and Management Services: It offers extensive real estate services including valuation of properties used as collateral, investment consultancy, sales agency services, and property management, catering to both individual and corporate clients.
• Receivables Purchase, Handling, and Collection: Specializing in financial recovery, the bank purchases, manages, and collects receivables, particularly focusing on retail customer debts.
• Investment Services: A suite of investment services is available for clients looking to expand their investment portfolios, providing expertise and options for various investment avenues.
• Electronic Bill Payment Services: With an emphasis on convenience, the bank offers electronic services for bill payments, allowing customers to manage their routine financial obligations effortlessly.
• Liquidity Management, and Asset and Liability Services: MBH Jelzálogbank provides sophisticated financial management services geared towards optimizing liquidity, assets, and liabilities for its clients.
• Fund and Property Management Services: Apart from financial services, the bank extends its expertise to managing funds and properties, assisting clients in maximizing their investment returns.
• Leasing Services: The company also delves into leasing services, offering various leasing options for both individuals and businesses for different types of assets.
• IT Services: Recognizing the importance of technology in banking, MBH Jelzálogbank offers IT services to support its operations and enhance the customer experience through digital banking solutions.