Hungary central bank aims to sell all of MKB Bank

November 24, 2015 9:55 AM

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BUDAPEST Nov 24 The National Bank of Hungary aims to sell all of state-owned MKB Bank in a privatisation process advised by JP Morgan, central bank Deputy Governor Marton Nagy said on Tuesday.

He said MKB Bank and JP Morgan had recently held a road show to meet foreign investors in London and the goal was to sell at least 51 percent of the bank, but ideally all of MKB Bank would be privatised early next year.

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