Hungary's second largest bank MBH to sell 7% stake in public offer

OTP Bank Nyrt.

24/11/2025 14:27

BUDAPEST, Nov 24 (Reuters) - Hungary's second largest lender MBH Bank MBHB.BU will sell 7% of its shares in a public offering starting from Tuesday to broaden the investor base and increase trading activity, the bank said in a statement on Monday.

MBH was created by the 2020 merger of three banks - state-owned Budapest Bank, MKB Bank and savings group Takarekbank. Hungary's market leader is OTP Bank.

"The bank launches a public sale of treasury shares amounting to a 7% stake in the bank at a maximum share price of 3,848 forints per share," MBH said. It said retail investors would get a 10% discount relative to institutional investors from the final sale price.

The transaction will start on Tuesday and run until December 12 and a total of 22.577 million shares in MBH will be offered.

 (Reporting by Krisztina Than
Editing by Tomasz Janowski)

 ((krisztina.than@thomsonreuters.com;))