MKB Bank

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MKB Bank

Head office at Váci utca 38, Budapest
Company type	Public
Industry	Finance and Insurance
Founded	1950
Defunct	2023
Successor	MBH Bank [hu]
Headquarters	Budapest, Hungary
Products	Commercial banking,
Website	www.mkbbank.hu

MKB Bank, initially Magyar Külkereskedelmi Bank (lit. 'Hungarian Foreign Trade Bank'), was a Hungarian state-owned bank founded in 1950. It was privatized in the mid-1990s, then renationalized in the 2010s. It eventually merged in the early 2020s with Budapest Bank and Takarékbank to form Magyar Bank Holding, branded MBH Bank [hu], thus creating the second-largest commercial bank in Hungary behind OTP Bank. The complex three-way merger was announced in 2020 and completed in 2023.^[1]