Bankers meet with MNB management
The management of the National Bank of Hungary (MNB) held talks with the heads of commercial banks yesterday afternoon, “in line with the practice established in years past”, Hungarian news agency MTI reported.
“According to the opinion expressed by Hungarian bank managers at the talks today, money market events neither on June 24 nor today caused financial movements on an extraordinary scale and domestic banks operated as usual,” the MNB said.
“The National Bank of Hungary established that the capital and liquidity positions of domestic financial institutions remain stable,” it added.
According to the news agency, the central bank did not comment on Brexit in the brief statement. The value of the forint plunged on Friday after the result of the vote was announced.
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.