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On 12 December 2024, Fitch Ratings affirmed MFB Hungarian Development Bank Private Limited Company's (MFB Zrt.) Long-term Issuer Default Rating (IDR) at 'BBB' and revised the outlook on its IDR to stable from negative. This rating action followed Fitch's revision of the outlook on the Hungarian sovereign from negative to stable on 6 December 2024.
| Date | 12 Dec 2024 |
| Time | 14:30:00 |
| Category | Miscellaneous |
| ID | 9085P |
Announcement
on change of rating outlook
As of 12 December 2024, Fitch Ratings affirmed the Long-term Issuer Default Rating (IDR) of MFB Hungarian Development Bank Private Limited Company (MFB Zrt.) at 'BBB'. The outlook on the IDR has been revised to stable from negative.
The rating action followed the revision of the outlook on the Hungarian sovereign from negative to stable on 6 December 2024.
Budapest, 12 December 2024
MFB Hungarian Development Bank Private Limited Company