MNB council amends first decree, approves remaining ones on borrowers' relief refunds
The Financial Stability Council of the National Bank of Hungary (MNB) has amended the first central bank decree and approved the remaining three regulating the methods for calculating compensation banks must pay under borrowers' relief legislation approved in the summer, the MNB said on Thursday.
The first decree, regulating the basic methods for calculating the compensation was approved by the Council on November 4 and took effect on November 8. The decree has been amended to reflect amendments to the borrowers' relief legislation approved by Parliament on November 25.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
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.