MFB signs for HUF 150 bln club loan from consortium of Hungarian banks
The state-owned Hungarian Development Bank (MFB) signed a HUF 150 billion club loan agreement with a consortium of ten Hungarian banks, Hungarian news agency MTI reported yesterday.
The agreement was signed with Budapest Bank, CIB Bank, Erste Bank Hungary, FHB Bank, K&H Bank, MKB Bank, OTP Bank, Raiffeisen Bank, Takarékbank and UniCredit Bank Hungary.
MFB will draw down the six-year loan in at most five tranches.
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