Budapest Bank, savings coop integrator members win MFB partner points tender

Banking

A consortium of state-owned Budapest Bank and savings cooperative integrator SZHISZ members Takarékbank, B3 Takarék Szövetkezet and FHB, has won a tender to establish a network of Hungarian Development Bank (MFB) partners across the country, MFB said yesterday, according to Hungarian news agency MTI.

MFB called a tender last autumn to establish more than 400 “MFB Points” across the country to make it easier for businesses to apply for European Union funding and financing. 

MFB said the first 26 of the 442 MFB Points would open in the capital and county seats by late May. 

The lender noted that a government resolution published on Monday clears the way for another 100 of the outlets to be opened. 

The measure supports the governmentʼs aim to accelerate the pace of calling applications for EU monies.

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