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HUNGARY: MNB sells stakes in MKB insurance units for EUR 1 mln
12 January 2015 —
The National Bank of Hungary (MNB) has sold stakes in the insurance units of MKB Bank to their majority owner Versicherungskammer Bayern for EUR 1 mln, MKB Bank said today. The MNB sold 36.5% stakes in MKB's general insurance and life insurance units, leaving the bank with a 1% stake in both. Read the full story HUNGARY: MNB sells stakes in MKB insurance units for EUR 1 mln