MFB Invest Plc, a 100% subsidiary of MFB Plc, was established in November of 2006 by the integration of National Property Development and Investment Plc (Nemzeti Ingatlanfejlesztő és Lakásberuházó Zrt.) that formerly carried out real estate development and medical tourism projects as well as brown field investments of our banking group and one of the subsidiaries of MFB Plc in charge of capital financing of development projects.
In the course of transformation of the capital financing activities of MFB Plc, MFB Invest Plc integrates domestic and international development and venture capital financing activities of the banking group. In accordance with European Union regulations, direct capital placement from an institution’s own resources at market rates is being gradually replaced by co-financing carried out through use of venture capital funds which are raised by the joint involvement of domestic and international institutional capital providers. This co-financing approach is complemented by our consulting branch which offers professional services.
Presently, the core of MFB Invest’s strategy is the management of the current portfolio of MFB Banking Group (the development portfolio of MFB’s capital investment and the investment portfolio formerly managed by Corvinus International Investment Plc and Supplier Invest Private Company Limited by Shares)
Prime Minister Viktor Orbán’s cabinet has launched a plan, The New Széchenyi Plan, which is a development strategy for economic recovery and progress. The whole country participated in the drawing up of the document and the results will be of great benefit to the whole nation. The new Széchenyi Plan is a great opportunity for the Hungarian economy and the entire country to renew itself. The program also holds out the hope of Hungary becoming the most developed nation in the region once again. Notions like hope, progress and restart attached to the New Széchenyi Plan won’t just benefit small and medium businesses but also public sector players as well. The new development policy may result in Hungary becoming a country where Hungarian citizens feel comfortable once again.