MNB fines three financial institutions HUF 7.5 mln
The National Bank of Hungary (MNB) fined MKB Bank HUF 4 mln, Aegon Magyarország Hitel HUF 1 mln and UCB Ingatlanhitel HUF 2.5 mln on charges of missing the deadline for sending a portion of their foreign currency loan settlement letters to customers, the central bank told Hungarian news agency MTI today.
Financial institutions had between March 1 and April 30, 2015, to mail out their foreign currency loan settlement notices to clients.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.