MKB Bank sold MKB Investment Fund Manager

On September 28, MKB Bank sold its 100% stake in MKB Investment Fund Management Plc, which was announced by the credit institution on Monday.

According to data published on the website of the National Bank of Hungary (MNB), the assets under management of MKB Investment Fund at the end of 2017 amounted to HUF 753 million and the balance sheet total amounted to HUF 775 million. In 2017, the company achieved a HUF profit after tax of 526 million and a profit after profit of HUF 479 million – writes MTI.

At the management of MKB Investment Fund Management there was no investment fund at the end of 2017 and the portfolios that were handled were delivered to MKB-Pannónia Alapkezelő Zrt. On 1 December 2017 by MKB Bank & # 39; s first half-year report 2018.

MKB-Pannónia Alapkezelő Zrt. Previously operated under the name Pannónia CIG Alapkezelő Zrt. On 19 October 2017, MKB Bank acquired a minority stake of 49 per cent in the company, whose share capital increased to HUF 306 million to 120 thousand as a result of the transaction and the name changed.

The current owners of MKB-Pannónia Alapkezelő Zrt. His SME Bank Zrt. (49 percent), SME Pension Fund (15 percent), SME Pannonia Health and Counseling Fund (2 percent), Pannónia Pénztárszolgáltató Zrt. (16 percent), CIG Pannonia Life Insurance Plc. (16 percent), Gránit Bank Zrt. (2 percent).

Photo source:ó Dániel.

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