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Chane of borrowings

7th Feb 2025 12:30

RNS Number : 3841W

MFB Magyar Fejlesztési Bank

07 February 2025

Announcement

on the change of borrowings 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 borrowings have increased by more than 25 (twenty-five) percent compared to the balance sheet figures as of 31 December 2023.

Compared to the audited data for December 2023, total interest-bearing liabilities increased moderately (+6%) in 2024. The increase of more than 25% of borrowings was mainly due to structural changes: maturing issued bonds were partly replaced by long term borrowings.

Budapest, 7 February 2025

MFB Hungarian Development Bank Private Limited Company

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