The HUF 100 bln in profit reserves is “sufficient”, Nagy said.
The MNB said last week that it would pay the HUF 50 bln dividend, backtracking on a plan announced in February to put all profit into reserves, as in previous years, raising reserves to over HUF 150 bln, which would be a record high.
Nagy said the central bank had since reassessed the profit forecast.
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