MFB - Magyar Fejlesztési Bank

BankingBudapest, Hungary201-500 Employees

MFB - Magyar Fejlesztési Bank is a state-owned development bank based in Budapest that has operated for more than 25 years to support national economic development goals. Its core function is to provide financing where traditional commercial banks cannot efficiently lend, thereby filling market gaps and making funding available to Hungarian businesses under favorable terms. The bank also acts as an intermediary for European Union financial instruments, helping channel EU support to domestic development projects. The organization emphasizes a collaborative workplace culture and offers a broad benefits package beyond base pay, including a cafeteria plan, health and life insurance, training support, and other programs aimed at staff wellbeing. It is positioned within Hungary's banking sector as a development-focused institution serving domestic enterprises and EU instrument channels, based in the capital city and described as mid-sized. In January 2023, Eyowo Ltd acquired the MFB group, followed by branding changes to reflect Eyowo's brand.

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