Nobody wants to own Sberbank
The National Bank of Hungary (MNB) has made significant efforts in recent days to find a long-term solution, notably the sale of the Hungarian Sberbank, which has not been successful, the central bank said on Thursday. The MNB’s statement on Thursday recalled the announcement of the European Union resolution organization on Tuesday evening, which prohibited the further operation of Sberbank Europe AG., the parent company of Sberbank Hungary Zrt. in Austria. In the situation arising from the declaration of the insolvency of the parent company, the (MNB) ordered the liquidation of Sberbank Hungary Zrt.
Related news
The Hungarian Central Statistical Office (KSH) reported better-than-expected GDP data
In Q2 2025, Hungary’s GDP figures published by the HCSO…
Read more >The Ministry of National Economy links economic growth to peace
As long as the war lasts, this growth rate is…
Read more >K&H Analyst Commentary: Hungarian economy shows faint signs of life
In the second quarter, GDP grew by 0.2 percent year-on-year…
Read more >Related news
Retailers protest against the reduction of deposit return fees
The National Trade Association (OKSZ) was shocked to learn that…
Read more >The European Commission has adopted a recommendation on voluntary sustainability reporting by SMEs
The VSME (Voluntary Sustainability Reporting Standard for non-listed Micro, Small…
Read more >Despite the weakening seen in recent days, the forint can be proud of its performance this year
Since last Friday, the forint has been the worst performer…
Read more >