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MNB looks to encourage mid-sized companies to enter bourse

Initiatives

Photo courtesy Budapest Stock Exchange

The National Bank of Hungary (MNB) should provide some sort of incentive to medium-sized firms to list themselves on the Budapest Stock Exchange (BSE), MNB deputy governor Márton Nagy said today on Hungarian state-owned all news channel M1, according to Hungarian news agency MTI.

According to the deputy governor, these medium-sized firms he mentioned have the capacity to be present on the stock market, “in a separate section, on a separate list”, MTI reported. Nagy added that stimulating the capital market is important since even if companies can get loans they still have no access to capital, MTI said.

Nagy believes that retail investors could also raise demand for shares but they will need suitable incentives to consider share purchases as an alternative to investing in government bonds, MTI reported.

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