MBH Bank agreed to acquire an 80pc stake in the broker and expects to acquire the remaining 20pc stake in 2028, if certain conditions are met. The deal is expected to close, after regulatory approval, in Q1 2026.

The transaction does not affect Otthon Centrum's Polish business.

Otthon Centrum has over 200 offices around the country, along with 1,400 brokers and 500 financial advisors.

MBH Bank said the transaction "completes" its "home financing ecosystem", following the earlier acquisition of home savings bank Fundamenta Lakaskassza.

MBH Bank has pre-tax profit of HUF 184bn in Q1-Q3

MBH Bank had pre-tax profit of HUF 184bn in January-September, down 17pc from a year earlier, Hungary's second-biggest commercial lender said.

The banking group has high profitability, and stable capital and liquidity ratios, MBH said.

Adjusted return on average equity came to 18.1pc.

Lending stock increased 4.6pc year-on-year to HUF 6,217bn.

The retail loan portfolio rose 8.4pc to HUF 2,506bn.

Housing loans were up HUF 157bn year-on-year at HUF 1,475bn.

Corporate loans came to HUF 3,005bn, up 1.8pc from a year earlier.

Stock of deposits grew 4.2pc to HUF 7,910bn.

Retail deposits amounted to HUF 3,095bn and corporate deposits stood at HUF 4,546bn.

Total assets increased 5pc to HUF 12,281bn. The bank's capital adequacy ratio is 22.1pc.

Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com

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