On Monday afternoon, Fitch announced in London that it had upgraded the outlook on the state-owned Magyar Export-Import Bank (Eximbank) and Hungarian Development Bank (MFB), as well as on Erste Bank Hungary and K&H Bank.

At the same time, the credit rating agency affirmed the ʼBBB-ʼ long-term ratings of Eximbank and MFB, as well as the ʼBBBʼ long-term ratings of Erste Bank Hungary and K&H.