MBH Bank to Build New Headquarters in Budapest
MBH Bank will build its new headquarters in Budapest's District XIII, the bank said on Wednesday, according to a report by state news wire MTI.
The building is scheduled to be completed by early 2026.
MBH said its unit Domo Kft signed a sale and purchase contract to buy the 13,000 sqm plot of land on the corner of Róbert Károly krt and Váci út, near the headquarters of Raiffeisen Bank, Erste Bank, and OTP Bank.
MBH Bank would not reveal any financial details of the investment to MTI.
MBH, now Hungary's second-biggest commercial bank, has a gross lending stock of around HUF 5 tln. The stock of client deposits is more than HUF 6.4 tln.
EBRD Puts Hungary GDP Growth at 2.2% in 2024
Hungary Expects Progress From EU on Erasmus+ Matter
Real Estate Closes Strongest Month This Year in April
7th Edition of BSC Charity Beach Volleyball Tournaments Comi...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
