FHB Mortgage Bank Nyrt. | |
Type: | Public |
Traded As: | BUX Component |
Industry: | Banking, Financial services |
Location City: | Budapest |
Location Country: | Hungary |
Foundation: | 1997 |
Defunct: | 2016 |
Fate: | Merged with Takarékbank |
Area Served: | Central and Eastern Europe |
Key People: | dr. Zoltán Spéder (Chairman) |
Products: | Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management |
Num Employees: | 774 |
FHB Mortgage Bank was Hungary's largest mortgage re-financer. Formerly state-owned, it was floated on the stock market in 2003, and the government sold its remaining A shares in 2007. As of 17 August 2011, FHB Mortgage Bank Co. Plc. had market capitalization of US$232.4 million.
In April 2018, it was announced that the members of the Group would undergo a name and brand change following the expected decision at the annual general meeting to be held at the end of April. The new brand name will be “Takarék” instead of “FHB.” [1]