MKB Bank is the official bank of the Hungarian Olympic Team
Strategic agreement between the Hungarian Olympic Committee and MKB Bank
The Hungarian Olympic Committee (MOB) and MKB Bank have entered into a strategic cooperation, which was announced on 23 June, the International Olympic Day at a joint press conference held at the Hungarian University of Sports Sciences. Under the agreement, MKB Bank has become the official bank and strategic partner of the Hungarian Olympic Team and will offer preferential offers to MOB staff and athletes until 31 December 2024.
The aim of the credit institution, which is part of Hungarian Bankholding, is to contribute to the olympic ideal and to the objectives and activities of the MOB. MKB Bank also supports the preparation for and participation in sporting events supervised by the International Olympic Committee, the European Olympic Committees and the Association of National Olympic Committees.
„Hungary has a tradition of excellence not only at the Olympic Games, but also at other international sporting events, and our athletes are a source of pride for the country. A key issue for our group as well is how to become a champion at home and be successful on the international stage – something we can learn a lot from our athletes. We are confident that this cooperation will contribute to the future success of the Hungarian Olympic Team, including its preparation for the 2024 Olympic Games in Paris.”
"We are proud to sign an agreement with MKB Bank, the most significant strategic agreement ever signed by the Hungarian Olympic Committee, and on International Olympic Day," said Zsolt Gyulay, President of the Hungarian Olympic Committee. – "The preliminary negotiations were smooth and fruitful, and it was almost natural that the reforming Hungarian bank and the Olympic family would enter into a strategic partnership. I think that both partners have a lot to gain from this cooperation, so I would like to thank Chairman and CEO Dr. Zsolt Barna for this opportunity, which we will strive to reward with results."
MKB Bank, together with Takarékbank, is a member of the Hungarian Bankholding Group, which also considers the support of sport as a very important part of its social responsibility activities.
With over 70 years of market presence, MKB Bank is one of the leading players in the Hungarian banking system and the domestic financing market. Its aim is to provide its customers with financial services in the simplest, quickest and most professional way possible – with the widest possible range of state-of-the-art solutions. The Bank has a traditionally strong corporate and private banking client base, with advisory and analytical capabilities. The core value of the bank is to serve its clients professionally, with a focus on customer relationship and experience, value preservation and creation, and innovative banking solutions.
On 31 March 2022, the bank merged with Budapest Bank, which has been a dedicated partner of Hungarian small and medium-sized enterprises for decades, in addition to retail services. The merged MKB Bank, which is 100 percent Hungarian-owned, provides a full range of financial services to households and businesses through a nationwide network of 143 branches and 184 ATMs in 66 cities.
Together with Takarékbank, MKB Bank is a member of the Hungarian Bankholding Group, about which you can find more information at www.magyarbankholding.hu.
Hungarian Bankholding Ltd.
The Hungarian-owned Hungarian Bankholding Group is the second largest banking group in the country. Through the merger and transformation of Budapest Bank, MKB Bank and the Takarék Group, the bank holding aims to create most innovative integrated bank of Hungary, which is leading in personalized customer service and committed to the Hungarian people, businesses, and economy.
The Group is a market leader in a number of areas, such as corporate lending, within that the lending to the micro, small and medium-sized enterprise sector, the agricultural and food industry, and the leasing market. The banking group has 2.2 million retail and 375,000 corporate customers; with more than 900 branches, it owns the largest branch network in the country, employing more than 10,000 employees. Total assets exceed of the group is HUF 8400 billion.
The merger of Budapest Bank and MKB Bank was successfully concluded on 31 March 2022, and the credit institution will temporarily operate under the name of MKB Bank Plc. Takarékbank will join the legal merger by May 2023, by which time the introduction of the new brand of the unified large bank will also take place.