MNB books “tens of billions of forints” in profit in 2013


The National Bank of Hungary (MNB) closed 2013 with profit “in the tens of billions of forints,” the central bank reported on Wednesday, citing preliminary figures. The MNB said a month earlier that it finished 2013 in the black but did not say anything about the scale of the profit.

The MNB noted that its previous management had projected a HUF 203 billion loss for the central bank in 2013: “The new central bank management managed in nine months to close 2013 with a profit, without putting at risk its primary goals as laid down in the law.”

The MNB will publish detailed, audited data from 2013 in April.


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