MKB Bank (previously: Magyar Külkereskedelmi Bank) was founded in 1950, and is considered to be among the most credible banking institutions in Hungary. MKB Bank is owned by BayernLB (89.62%), the 6th largest German bank and BAWAG P.S.K. (10.38%), an Austrian Bank. Privatization has set the Bank on a new growth path: during the last decade it has become a determinant factor on the domestic market, despite the quick restructuring of the banking sector it became the third largest bank in Hungary according to its total assets and equity. MKB Bank represents the BayernLB bank group as a regional bridge-head in the realization of its new CEE expansion strategy.

http://www.mkb.hu