Márton Nagy: Five Big Banks May Remain!
9 Articles
9 Articles
According to the minister, there are too many banks on the domestic market and they are too expensive.
"Banks are still too expensive and there are too many of them! The consolidation of the banking system cannot be postponed any longer! Five large banks may remain!" - posted Márton Nagy, Minister of National Economy, on Facebook. He did not say in his terse post which five large banks he personally considers desirable to remain. Instead, he illustrated with a table how many credit institutions and credit institution branches there are in our cou…
Márton Nagy said how many large banks he would leave alive in Hungary. According to the Minister of National Economy, five of them would be enough. However, there are now seven large banks and many smaller ones. We looked at which five would remain based on the current bank sizes. See if your bank would survive if the situation Márton Nagy considers desirable were created.
It is not known which financial institutions he would consider desirable to keep.
According to the head of the Ministry of Economy, the consolidation of the banking system cannot be postponed any longer.
According to the Minister of National Economy, the transformation of the banking system is inevitable. Viktor Orbán addressed the Erste during the weekend annual review. "Banks are still too expensive and too ... ...
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