MFB Magyar Fejlesztési Bank Change in the amount of assets and liabilities (4260U)
01 August 2022 - 11:30AM
UK Regulatory
TIDM15QG
RNS Number : 4260U
MFB Magyar Fejlesztési Bank
01 August 2022
Announcement
on the change of assets and liabilities of MFB Hungarian
Development Bank Private Limited Company
MFB Hungarian Development Bank Private Limited Company is
pleased to inform its investors that the total amount of its assets
and liabilities have increased by more than 10 (ten) percent
compared to the balance sheet figures as of 31 December 2021.
The reason for the significant increase in assets is that -
during the period under review - the Bank purchased significant
amount of corporate bonds and subscribed for investment fund units,
furthermore the lending activity was also increased.
The liabilities increased primarily because of the additional
bond issues carried out in order to finance the asset side
expansion.
The current disclosure is made on the basis of the stipulations
of section 55 of the Hungarian Act No. CXX of 2001 on the Capital
Market and PM (Minister of Finance) Decree No. 24/2008
(VIII.15.).
Budapest, 1 August 2022
MFB Hungarian Development Bank Private Limited Company
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