FHB Mortgage Bank Co. Plc.: Update following ratings upgrade to B1
FINANCIAL INSTITUTIONS CREDIT OPINION 8 August 2017 Update RATINGS FHB Mortgage Bank Co. Plc. Domicile Hungary Long Term Deposit B1 Type LT Bank Deposits - Fgn Curr Outlook Stable Please see the ratings section  at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Armen L. Dallakyan 44-20-7772-1688Takarek Jelzalogbank Nyrt Formerly known as FHB Jelzalogbank Nyilvanosan Mukodo Reszvenytarsasag. Takarek Jelzalogbank Nyrt, formerly FHB Jelzalogbank Nyrt, is a Hungary-based commercial bank. It specializes in mortgage lending and cooperation in household lending with commercial banks and saving cooperatives. The Bank's capital group is comprised of several subsidiaries including: FHB Commercial Bank Ltd, provides mortgage lending, FHB Life Annuity Ltd, provides elderly people with services (life annuity), moreover it sells mortgage loan products of the Mortgage Bank Co Plc for elderly people (annuity mortgage), FHB Real Estate Ltd, specialized in real estate issues services such as consulting, real estate agency functions, valuation and expert functions; FHB Service Ltd offers infrastructural, accounting, payroll and information technology services for the Bank Group.
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