The central bank obliged Banif Plus Bank to strengthen its business management and risk treatment regulations, and to establish a mid-term business and risk strategy, the MNB’s press statement issued today shows.
During its investigation of the bank wound up in December, the central bank found deficiencies in Banifʼs IT system, and urged it to actualize its regulations.
The bank needs to present changes initiated by the MNB in March, June and at the end of the year, the announcement says.
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.
