Hungary Would Benefit from a New Domestic Banking Group, MKB Chief Says

2019. április 26.


Hungary would benefit from having another major domestic bank, the head of MKB Bank said on Friday, without shedding light on whether MKB would bid for Budapest Bank, which was put up for sale this year. Since taking power in 2010, Prime Minister Viktor Orban has overhauled the local bank sector, boosting domestic ownership to more than 50 percent in a market previously dominated by large foreign lenders. More...