Erste will stay in Hungary, to develop business -CEO
BUDAPEST Jan 21 (Reuters) - Austrian lender Erste Bank will remain an active and significant bank in Hungary and has no plans to leave the country, the chief executive of the bank's Hungarian unit said on Tuesday.
Radovan Jelasity told an economic conference that Erste had carried out acquisitions in the past years, the last one in 2012.
"Those who consider whether they should stay or go, do not usually carry out purchases," Jelasity said, adding that the bank planned to develop its business further in Hungary.
"We want to confirm that we would like to and will remain an active and significant bank in Hungary," he added. (Reporting by Krisztina Than)
- Alabama man gets $1,000 in police settlement, his lawyers get $459,000
- Probe: Athletes took fake classes at University of North Carolina
- Canadian parliament gunman acted alone: police |
- Some U.S. hospitals weigh withholding care to Ebola patients
- Exclusive: Charred tanks in Ukraine point to Russian involvement