MKB Bank booked consolidated profit of HUF 4.2 billion in the first quarter after six years of losses, the lender has said. The parent bank’s profit reached HUF 3.6 billion. Both figures include the bank levy for Q1, MKB said. Its leasing unit and fund manager had had “remarkably high” profit. MKB, which is indirectly owned by the state of Hungary, will be sold to a consortium of two private equity funds called Blue Robin Investments S.C.A. and METIS Private Capital Fund, and Hungary’s Pannonia Pension Fund for HUF 37 billion, the National Bank of Hungary announced in March. The sale is expected to be closed at the end of June.