Erste to Maintain Business in Hungary

People ♦ Published: January 21, 2014; 14:54 ♦ (Vindobona)

According to CEO of Erste Group’s Hungarian affiliate, the bank will remain in the country to expand business activity.

Erste to Maintain Business in Hungary / Picture: © Erste Group / Helmut Lackner

Radovan Jelasity, CEO of Erste Group Hungary, told Reuters that the bank will continue business in Hungary and remain an active and significant financial institute in Hungary. Jelasity told an economic conference that the bank had accomplished take-overs in the recent years, the last one in 2012.

"Those who consider whether they should stay or go, do not usually carry out…

or Log In

Fast News Search
Related News
Austrian Banks to Resist Further Burdens? (January 20, 2014)
Hungary: Forex Loan Problem to be Solved (January 17, 2014)
Expansion Course of Austrian Banks Slowed Down (January 16, 2014)
Hungary: Erste Group Confident (January 6, 2014)
Austria: Major Banks Exhibit Significant Shortages in Core Capital Quota (December 17, 2013)
Read More
Hungary, Banking Industry, Erste Group, Leaders, Radovan Jelasity, OTP Bank, RBI Raiffeisen Bank International, UniCredit, Italy, Bank Austria, Germany, BayernLB, MKB, Viktor Orban, Gyoergy Matolcsy, MNB Hungarian National Bank, Monetary Policy, Lending, Taxation
ISIN
AT0000652011
Featured
Coronavirus in Lower Austria: Update
See latest Vindobona Newsletter