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MNB fines three financial institutions HUF 7.5 mln

MNB

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.

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