MFB total assets at HUF 1,228 bln in 2018
Total assets of the state-owned Hungarian Development Bank (MFB) stood at HUF 1,228 billion at the end of last year, state news wire MTI reported, citing data from the Budapest Stock Exchange.
The assets are almost 4% higher compared to a year previously, noted MTI.
Client loans rose more than 15% to HUF 647.1 bln.
Bank liabilities increased 13% to HUF 394.9 bln.
MFB booked after-tax profit of HUF 1.9 bln for the year.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.