Hungary's central bank fines four lenders.

BANKING AND CREDIT NEWS-October 10, 2023--Hungary's central bank fines four lenders

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Global Banking News - 10 October 2023

The National Bank of Hungary (MNB), the nation's central bank, has announced that it has fined four lenders.

The central bank imposed a fine of HUF27m on the firms for failing in compliance requirements. The firms were alleged to have failed in fully complying with rules on early repayments by retail borrowers.

Erste Bank Hungary, MBH Bank, Takarekbank and Takarek...

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