MBH Mortgage Bank Green Portfolio Increasing

Banking

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The proportion of green financing in MBH Mortgage Bank’s outsourced loan portfolio is constantly increasing, according to the 2022 sustainability report of the credit institution published on the website of the Budapest Stock Exchange. 

In 2022, the bank not only increased the proportion of green financing, but also developed its methodology for measuring its emissions, and also placed great emphasis on contributing to the development of financing forms that can significantly improve the energy characteristics of the Hungarian real estate stock and the mortgage lending process.

"2022 brought significant changes to the world: the war and the unfavorable economic environment presented serious challenges to the business sphere, while the signs of climate change are becoming increasingly apparent, [making it] particularly important for us how our sustainability efforts are implemented," said Dr. Gyula Nagy, the CEO of the credit institution. 

Nagy emphasized that as Hungary's second largest mortgage bank and the largest refinancing mortgage bank, last year they were also able to ensure stable business operations and financial stability, which is the basis of the bank's sustainable development. results. 

"Our important goal is to be able to maintain or increase our market position of almost 20 percent by significantly expanding the proportion of green mortgage loans in our portfolio and green mortgage bonds among sources," he concluded.

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