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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.