BUDAPEST (Reuters) - Hungary's state-owned MKB Bank will be sold to a consortium of domestic and foreign equity funds, with Hungarian owners getting a majority stake, the bank's chief executive Adam ...

First there was fintech. Now there are financial institutions going completely digital and embracing open banking systems. Hungary’s MKB Bank — one of the country’s largest — recently revamped its ...

REDWOOD SHORES, Calif., July 17, 2018 /PRNewswire/ -- MKB Bank, Hungary's fourth largest commercial bank has today announced it is the first in the country to take a leap towards digital and open ...

MKB Bank, a top Hungarian lender that is party to an imminent three-way merger, said on Friday that Chief Executive Adam Balog would step down at the end of the year. Balog will stay on if a successor ...

On Tuesday, Hungarian commercial bank MKB Bank announced implemented Oracle FLEXCUBE to become fully digital. According to MKB Bank, the core banking solution has been adopted by more than 600 ...

BUDAPEST, June 1 (Reuters) - Businessmen close to Prime Minister Viktor Orban have emerged as the biggest shareholders of MKB Bank less than a year after Hungary's fifth-largest lender was privatised.

Hungary's MKB Bank would be free to grow its business through acquisitions or increasing lending when the European Union lifts the restrictions on business activity imposed after its rescue, Chief ...

Hungary’s MKB Bank is not insolvent but might have faced longer-term problems if the central bank (NBH) had not taken control of it, deputy NBH governor Adam Balog said yesterday. The NBH announced on ...

Hungarian prime minister Viktor Orbán (right) and central bank governor György Matolcsy at a news conference in Budapest in December 2014, regarding the safety net being drawn around recently acquired ...