MNB to prepare plan for developing Budapest bourse

History

The National Bank of Hungary (MNB) is planning to prepare a new strategy for the development of the Budapest Stock Exchange (BSE), Márton Nagy, central bank deputy governor, said today, following the bank’s official announcement that it was acquiring a majority stake in the Budapest bourse, Hungarian news agency MTI reported.

The deputy governor expects the new strategy to be completed by January-February, MTI reported. In cooperation with the Hungarian government, the MNB expects to prepare a system of incentives whereby those companies would get listed that would stay on the bourse for the longer run and generate trades, Nagy added, according to MTI.

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