Based on the current number of clients and the volume of loans, MKB, Budapest Bank (BB) and Takarékbank can be considered the largest institutional investors in Hungarian agriculture, and Magyar Bankhold, which will be formed from the merger of these three banks, plans further growth in the sector, Dávid Hollósi, head of agriculture and agriculture, told Világgazdaság executive director of the food industry.
In an interview published in the Wednesday issue of the paper, he added that by March 31, when BB merges into MKB, they will create an independent agribusiness branch, and this network will gradually take over the customers, who will be the first to perceive that their contact person has special knowledge, the a specialist with agricultural acumen.
And when Takarékbank merges into the joint bank in 2023, at least two agricultural centers will be established per county. The government has classified agriculture as a national strategic sector, which is also a priority area for Bankholding, because they believe that by 2030 - with the smart investment of significantly increased resources in the new EU budget cycle - the Hungarian agriculture and food industry can catch up with Western European competitors in terms of efficiency - explained the managing director.
Source: demokrata.hu
