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Hungaryʼs central bank fines MagNet Bank HUF 5.5 mln

MNB

The National Bank of Hungary (MNB) fined MagNet Bank HUF 5.5 mln for not complying with regulations on liabilities of informing clients, the central bank said today in an announcement.

The announcement notes that MNB called MagNet Bank to comply with the regulations.

The MNB said on August 4 that it fined MagNet Bank HUF 10 mln on violations the central bank found in its comprehensive review. 

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