Bankers meet with MNB management

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The management of the National Bank of Hungary (MNB) held talks with the heads of commercial banks yesterday afternoon, “in line with the practice established in years past”, Hungarian news agency MTI reported.

“According to the opinion expressed by Hungarian bank managers at the talks today, money market events neither on June 24 nor today caused financial movements on an extraordinary scale and domestic banks operated as usual,” the MNB said. 

“The National Bank of Hungary established that the capital and liquidity positions of domestic financial institutions remain stable,” it added.

According to the news agency, the central bank did not comment on Brexit in the brief statement. The value of the forint plunged on Friday after the result of the vote was announced.

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