In a statement released by the central bank, Varga said MNB also aimed to support efforts to establish a unified capital market for Europe.
MNB’s new management wants Hungarian companies to have access to a capital market that is more advanced, liquid and transparent in future, he added.
Varga noted that Hungarian households’ holdings of listed shares had quintupled over the past ten years, reaching HUF 2.9 trillion.
At the same time, the equities market has tripled in size with 43 new listings, he added.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
