ADVERTISEMENT

MNB hosts bankersʼ breakfast

MNB

Image by Jessica Fejos

The management of the National Bank of Hungary held regular talks over breakfast with the heads of the countryʼs biggest banks and the chairman of the Hungarian Banking Association today, Hungarian news agency MTI reported.

(Photo: Jessica Fejos)

The sides discussed phasing out the MNBʼs Funding For Growth Scheme, other possible incentives for corporate lending, measures to channel banking sector liquidity into government securities, the portfolio of bad asset manager MARK, and weak competition and high interest rates for mortgage loans on the retail lending market.

The MNB has been holding talks with bank heads in Hungary on a regular basis since the spring of 2013.


ADVERTISEMENT

Varga: Q1 growth demonstrates ability 'to withstand crisis' Analysis

Varga: Q1 growth demonstrates ability 'to withstand crisis'

Parl't elects Orbán prime minister Parliament

Parl't elects Orbán prime minister

New managing director at LG Electronics Hungary Appointments

New managing director at LG Electronics Hungary

Hungary Grande Partenza 'exceeded all expectations' - gov't ... City

Hungary Grande Partenza 'exceeded all expectations' - gov't ...

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.