Takarekbank

Hungary to divest stake in savings bank Takarekbank

The government of Hungary eyes the sale of its majority stake in savings bank Takarekbank, according to a government decree reported by Magyar Kozlony, the country's official gazette.

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OTP Bank prepares offer for state owned shares in Takarekbank

OTP Bank had prepared to purchase the shares owned by the Hungarian Post Office and the Hungarian development bank.

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