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EU approves Hungary's €2 billion capital injection into Magyar Fejlesztesi Bank

The funding will support MFB’s lending in sectors with market gaps and prevent crowding out of private lenders, the Commission said.

Summary by Reuters
The European Commission approved on Monday a €2 billion ($2.3 ​billion) capital injection by Hungary ‌into the country's Magyar Fejlesztesi Bank, which comes as Hungary commits ​to improving its general governance ​issues in return for EU ⁠funds.

8 Articles

Center

According to the EU statement, the European Commission's assessment found that the Hungarian measure promotes the development of economic activities, including infrastructure, agriculture, environmental protection, education and tourism.

·France
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Market Screener broke the news in Annecy, France on Monday, July 13, 2026.
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