The MNB did not introduce other restrictions on the two businesses. Széchenyi Lízing Pénzügyi Szolgáltató, operating since August 2013, is 51%-owned by Széchenyi Bank where an oversight commissioner was appointed and restrictions were introduced by the MNB as the market regulator on November 4. Széchenyi Bank is majority owned by T&T Ingatlanforgalmazó és Vagyonkezelő, a company tied to István Töröcskei, the head of the Government Debt Management Agency (ÁKK). Last year, the state of Hungary acquired a 49% stake through a HUF 3 bln capital raise in Széchenyi Bank. On November 6 the MNB withdrew the license of Széchenyi István savings cooperative, where Töröcskei acted as board chairman.
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