29th Sep 2020 14:30
RNS Number : 4743A
MFB Magyar Fejlesztési Bank
29 September 2020
Announcement
on change of the rating outlook
As of 29 September 2020 Moody's Investors Service affirmed the ratings of MFB Hungarian Development Bank Private Limited Company (MFB Zrt.) as follows:
· Backed long-term foreign currency senior unsecured debt rating: "Baa3";
· Backed long-term foreign currency deposit rating: "Baa3";
· Backed short-term foreign-currency deposit rating: "Prime-3".
The outlook has been changed to positive from stable.
The rating actions follow the recent affirmation and change of the outlook of the Hungarian government's Baa3 long-term issuer and senior unsecured debt ratings to positive from stable.
Budapest, 29 September 2020
MFB Hungarian Development Bank Private Limited Company
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