MBH Bank has announced another strategic acquisition, purchasing Otthon Centrum from Biggeorge Holding. Following the earlier acquisition of a majority stake in Fundamenta Lakáskassza, this move completes MBH Bank's housing finance ecosystem, enabling comprehensive customer service from savings through property purchase to lending.
MBH Bank is acquiring OC Magyarország Holding Kft., which consolidates Otthon Centrum's domestic subsidiaries, from Biggeorge Holding. The multi-stage transaction announced on the Budapest Stock Exchange will see MBH Bank first acquire an 80% ownership stake after obtaining necessary approvals, followed by the remaining 20% stake expected in 2028. The Polish subsidiary is not included in the transaction.
The Otthon Centrum group operates as a major player in the property and mortgage brokerage sector with over 200 offices nationwide, nearly 1,400 property agents and 500 financial advisors. Its four networks - Otthon Centrum, Open House, Rockhome and Benks - focus primarily on property and financial brokerage, plus related services including valuations, energy certificates and home insurance products.
"With the acquisition of the holding company consolidating Otthon Centrum's domestic subsidiaries, we can not only offer our customers a comprehensive service package for their home-buying goals, but also take a huge step towards strengthening our market share in the strategically crucial mortgage lending segment," said Dr Zsolt Barna, CEO of MBH Bank. He added that the transaction demonstrates the banking group's stability, dynamism and continued growth capacity, marking their fourth significant domestic acquisition in recent years.
The acquisition enables Otthon Centrum's continued development with MBH Bank's stable banking background and synergy opportunities. György Kosztolánczy, CEO of Otthon Centrum Holding, said they are proud to be considered a key player in MBH Bank's complete home-buying ecosystem, continuing to operate with current management and their multi-agency financial brokerage model whilst maintaining focus on other banking partners.
