Q3 2022 Financial Performance Review
Strategic aspiration of the MKB Group
MKB The merger of the MBH Group's members will result in an integrated universal bank providing a comprehensive range of products
to both retail and corporate customers, as well as playing a key role in the Hungarian economy
BANK
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Strong basis
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Owners of Budapest
Bank, MKB Bank and
MTB contributed their
respective shares as a
contribution in kind to
MBH.
Strategy of MBH and
the 5 years Business
plan was approved by
the Board of MBH.
New management was
appointed at MBH in
order to ensure
centralized
management.
Merger process
Digital solutions
Formulation of an
integrated bank by 2023
with the purpose of
maximizing synergies:
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Merger of MKB and
Budapest Bank and
Takarékbank becomes
subsidiary of the
merged bank is already
accomplished.
Takarékbank merger
with MKB scheduled to
the 1st May 2023
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New name
Creating an advanced
banking technology
background, ecosystem
and digital channels.
Introducing flexible
and fast product
solutions, which can be
combined with each
other.
Improvement of the
service model and
sales channels.
Expansion
After the integration
process, the MKB Group
would expand its presence
in the region through
acquisitions. Looking for
targets not only in the
banking space, but also
looking for fintech
companies, digital and
ecosystem actors.
The expansion will be
accompanied by an active
trading of the MKB shares
(IPO/SPO)
National champion
National Champion positioning
by serving all customer
segments while maintaining
local community values.View entire presentation