A4 für Copyshop GB.indd - Bayerische Landesbank

Magyar Külkereskedelmi Bank Rt. (MKB) – Hungarian Foreign Trade Bank, Budapest
Core business activities MKB is a universal bank, operating in all areas of corporate
and private customer business. It is the third-largest
bank in Hungary. MKB further expanded its retail base by
acquiring Konzumbank in 2003, a merger which was officially
concluded in 2004. For the Group and the savings
banks, MKB is a foothold and bridgehead in eastern
Europe (German Desk).
Size of participation BayernLB 89.61 percent;
BAWAG, Vienna, 10.38 percent;
independently held 0.01 percent
Total assets EUR 5.9353 billion
Equity EUR 462.7 million
Number of employees 1,482
Operating profit before and after risk
provisions
Net income for the year and profit
available for distribution
Number of customers
31. 12. 2004
EUR 95.2 million
EUR 74.0 million
EUR 64.9 million
EUR 55.5 million
Private customers: 149,094
Corporate customers: 33,037
Key ratios • Cost-income ratio 56.3 percent
• Return on equity 16.8 percent
Strategic objectives for the
participation in 2005 – 2006
Maintaining the strong market position in corporate
customer business. Further improving market position
in SME and private customer segments.
BayernLB – our company
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