Nobody wants to own Sberbank

By: Trademagazin Date: 2022. 03. 03. 10:01

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