Finance
Hungary should sell its stake in MBH Bank, economy minister says
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on March 31, 2025
1 min readLast updated: January 24, 2026
Hungary's economy minister suggests selling the state's 20% stake in MBH Bank during a potential share offering, as MBH considers going public.
BUDAPEST (Reuters) - The Hungarian state should sell its 20% stake in MBH Bank, the country's second-largest lender, in a potential upcoming share offering, the economy minister Marton Nagy said on Monday.
Bloomberg reported last week that MBH was working on a potential share offering, and that the government was mulling selling its stake in the bank.
During a press conference in Budapest, Nagy confirmed that MBH was interested in going public.
"This provides an opportunity for the state to sell its stake ... My personal opinion is that it would be advisable for the state to sell its stake in MBH," he said.
The state currently owns its MBH shares through state-owned Corvinus BHG Asset Management. It reduced its stake in the bank from 30% last year.
MBH told Reuters that it would not comment on a possible share offering or Nagy's comments.
MBH was created by the 2020 merger of three banks - state-owned Budapest Bank, MKB Bank and savings group.
Hungary's market leader is OTP Bank.
(Reporting by Anita Komuves; Editing by Joe Bavier)
The Hungarian government's consideration to sell its 20% stake in MBH Bank during a potential share offering.
The economy minister believes it is advisable for the state to sell its stake as MBH Bank considers going public.
MBH Bank is Hungary's second-largest lender, formed by the 2020 merger of three banks.
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