Vienna Capital Partners (VCP) has sold today its shareholding of approximately 14.72% in FHB Jelzálogbank Nyrt. (FHB Bank), a leading Hungarian mortgage bank listed on the Budapest Stock Exchange.
VCP became a shareholder of FHB Bank almost 10 years ago. After obtaining in 2008 the approval by the Hungarian banking regulatory authority to hold a qualifying stake in FHB Bank, VCP increased its shareholding several times and was the bank’s largest shareholder for a number of years.
“We experienced FHB Bank as highly professional and prudential financial institution and would like to thank the management for their contribution throughout the years”, said Christian Riener, Managing Partner of VCP, who had also served as long-time member of the board of directors of FHB Bank.
Source: VCP; 20161209