FTC, MKB Bank sign strategic cooperation deal

Deals

Ferencvárosi Torna Club (FTC) and MKB Bank signed a strategic cooperation deal, according to an announcement at a joint press conference held yesterday at the MVM Dome.

The Ferencvárosi Torna Club and MKB Bank have signed a strategic cooperation agreement, according to which the financial institution will become the official bank and financial strategic partner of the FTC. The cooperation will cover the financing of all the departments of FTC and MKB Bank will also provide unique banking offers for the staff, athletes, and fans of the sports club.

In addition, MKB Bank is launching a scholarship program, which will provide financial support to young athletes competing in Ferencváros colors.

“The most prestigious sports association and the most prestigious bank in Hungary are signing a strategic partnership today, and we are pleased to announce that this cooperation is not only about financial support, but also about the future and talented young Hungarian athletes. We hope that this partnership will be beneficial for both parties, but it is also important for me what me and my colleagues can learn from Fradi: that is, how to attract and develop talent and how to become a champion at home and be successful on the international stage”, said Zsolt Barna, chairman and CEO of MKB Bank and Hungarian Bankholding.

FTC president Gábor Kubatov added that "The intention of Ferencvárosi Torna Club is, in addition to educating young people and talents, to reach the highest possible level in all areas of sport, both nationally and internationally. To achieve success, it is essential to have a stable financial background, which is provided by our partners. Our goals remain unchanged: starting every series with the intention of winning it for both teams and athletes competing for Ferencvárosi Torna Club. It is a special pleasure for us to have a sponsor who, in addition to encouraging and supporting the club's young champions, also thinks of the staff and fans of Fradi."

Among the talents supported by MKB is 18-year-old swimmer Viktória Mihályvári-Farkas, who finished sixth in the 400 medleys at her first adult Olympics in Tokyo and is currently preparing to win her first World Championship medal in front of a home crowd at the 2022 World Swimming Championships in Hungary. The 20-year-old gymnast Krisztián Balázs has been training with Ferencváros since the age of five, and this year he achieved his best result ever at the World Challenge Cup in Várna, and despite his young age, he has a chance of making his debut at the 2024 Paris Olympics.

Another supported talent is 23-year-old wrestler István Váncza – silver medallist at this year's European Championships in Budapest – who is preparing for his next competition in the 67 kg category. Also receiving support from MKB Bank is 19-year-old Gergő Szemes, who proved at this year's World Cup in Plovdiv that he can also hold his own in the adult category, winning a bronze medal in the individual event.

ADVERTISEMENT

World Hurtling Towards Recession and Possible Financial Cris... Analysis

World Hurtling Towards Recession and Possible Financial Cris...

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group Appointments

Dóra Petrányi to co-head CMS Tech, Media, and Comms Group

Budapest targets tourists with public transport fare hikes City

Budapest targets tourists with public transport fare hikes

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.