Takarék Mortgage Bank Co Plc. Logo

Takarék Mortgage Bank Co Plc.

TAKAR | BUD

Overview

Corporate Details

ISIN(s):
HU0000078175
LEI:
5299007F4BUUY6S14E44
Country:
Hungary
Address:
Magyar Tudósok körútja 9 G, 1117 Budapest
Sector:
Financial and insurance activities
Industry:
Other financial service activities, except insurance and pension funding activities

Description

MBH Mortgage Bank Plc., formerly Takarék Mortgage Bank Co Plc. and FHB Mortgage Bank Plc., is a specialized credit institution established in 1997. It is a significant participant in the Hungarian mortgage market, functioning as a refinancing center and a leading issuer of covered mortgage bonds. The bank's primary activity is refinancing mortgage loans for its parent, MBH Banking Group, and other third-party financial institutions. Since 2021, the company has actively issued green mortgage bonds under its Green Mortgage Bond Framework, supporting sustainable development by financing energy-efficient properties.

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