The Hungarian Mortgage Credit Bank ( hu, Magyar Jelzálog-Hitelbank, occasionally referred to simply as "Mortgage Bank") was a significant Hungarian bank, founded in 1869 in

Budapest Budapest (, ; ) is the capital and most populous city of Hungary. It is the ninth-largest city in the European Union by population within city limits and the second-largest city on the Danube river; the city has an estimated population ...

. By 1913 it was the third-largest bank in the country by total assets, behind the

Hungarian Commercial Bank of Pest The Hungarian Commercial Bank of Pest ( hu, Pesti Magyar Kereskedelmi Bank, PMKB, occasionally referred to simply as "Commercial Bank") was Hungary's first modern bank, established in 1840–1841. It was nationalized in the early Communist era an ...

and the

First National Savings Bank of Pest The First National Savings Bank of Pest (PHET) ( hu, Pesti Hazai Első Takarékpénztár), sometimes translated as ''First Domestic Savings Bank'' or referred to simply as ''First Savings Bank'', was a major Hungarian bank that was established in ...

. It was nationalized in 1947–1949, together with the rest of the Hungarian banking sector. In 1881, it received further investment from a group of investors formed by Vienna's Unionbank and France's Société Générale and Banque de Paris et des Pays-Bas. The bank was long led by Hungarian statesman Kálmán Széll. The Mortgage Bank remained among the country's leading banks during the interwar period. Its chairman and CEO from 1918 to 1925 was . Its managing director from 1937 to 1944 was

Imre Oltványi Imre Oltványi (20 February 1893 – 13 January 1963) was a Hungarian politician, who served as Minister of Finance in 1945 in the Interim National Government. He studied at the University of Budapest. Between 1920 and 1921 he was the secretary ...

, who would become governor of the Hungarian National Bank in the imemdiate postwar era.

Notes

{{reflist Defunct banks of Hungary Banks established in 1869

See also

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