Are you sure?

MFB plans to raise €1.2 bln in external financing in 2011

Hungary’s development bank MFB plans to get €1.1-1.2 billion in external financing from international development institutions and global money and capital markets this year, spokesman János Nyíri said on Monday.

MFB will present its activities to global institutional investors in Vienna, London, Amsterdam, The Hague, Frankfurt, Munich, Geneva and Zurich between May 16 and 20, Nyíri said. The meetings are being organized by BNPP, ING and SG CIB, he added.

MFB last held such presentations in November 2009.

Nyíri declined to reveal any further details.