MFB Magyar Fejlesztési Bank Announcement on change of assets and liabilities (7285T)
November 16 2023 - 8:30AM
UK Regulatory
TIDMFL78
RNS Number : 7285T
MFB Magyar Fejlesztési Bank
16 November 2023
Announcement
on the change of assets and liabilities of MFB Hungarian
Development Bank Private Limited Company
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.).
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 2022.
The reason for the significant increase in assets is that -
during the period under review - the Bank subscribed for investment
fund units. In addition, the stock of government bonds and
interbank items also increased in parallel with the raising of
funds.
The liabilities increased primarily because of the additional
loan borrowings and bond issues carried out in order to finance the
asset side expansion.
Budapest, 16 November 2023
MFB Hungarian Development Bank Private Limited Company
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