FHB Land Credit and Mortgage Bank Company (FHB Bank) is Hungary's largest mortgage re-financer. The bank was established in 1997, its principal business activity was to refinance the development and purchase of housing real estates and disbursement of state subsidised housing loans. Nowadays, the bank operates as a universal bank. Thanks to the strategic cooperation with the Allianz Insurance Company, FHB Bank now offers insurance, health fund, pension fund type and other related products and services in close to 50 branches all over the country. In addition, the bank offers life annuity and annuity mortgages for elderly people, or real estate related services. Formerly state-owned, the bank was floated on the stock market in 2003, and the government sold its remaining A shares in 2007.
This report offers a summary of the company's performance in 2001-2012. You will find here all the key numbers from the bank's balance sheet, income statement and all the main ratios related to the bank's business.