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Central bank buys castle

Telco

DO NOT USE, TOO SMALL

The National Bank of Hungary (MNB) bought a historic castle located on the banks of River Tisza as part of the central bank’s corporate social responsinbility strategy.

Tiszaröff-located Chateau Borbély cost the bank HUF 415 mln, a purchase that made the castle the most expensive one in the country.

The bank explained the castle will support its payroll for more than 1,000 employees by providing them with fringe benefits and welfare services. Chateau Borbély is scheduled to be used as the MNB’s main vacation resort, HVG writes.

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