MBH Bank Reports Nearly 90 Billion Forints in First-Half Profit

MBH Bank reported nearly 90 billion forints in earnings for the first half of 2026, alongside strong growth in household lending during the second quarter.

Personal-loan placements rose 19% from the previous quarter. New personal-loan contracts totaled 50.8 billion forints, 21% higher than in the same period a year earlier. New household mortgage contracts reached 121.7 billion forints in the quarter, a 36.1% year-on-year increase. The bank group signed 220.4 billion forints in new mortgage contracts during the first half.

Deposits stood at 7,751.5 billion forints at the end of the second quarter. The quarterly decline partly reflected an 8% strengthening of the forint, which reduced the reported value of deposits by about 130 billion forints because of the bank’s high share of foreign-currency deposits.

The comparison was also affected by earlier corporate deposit campaigns and one-time central-government payments. Those factors had lifted deposit volumes at the end of the fourth quarter of 2025 and the first quarter of 2026, but some of the funds later disappeared or were used.

The bank group’s loan-to-deposit ratio was 81.8%, up 3.5 percentage points from a year earlier, while its liquidity coverage ratio stood at 145%. MBH said it held more than 1,400 billion forints in deposits above the amount deployed through lending. It paid 80.7 billion forints in banking and windfall-profit taxes, plus more than 45.7 billion forints in transaction levies.