Hungary's Largest Bank Needs No Capital Raising
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- CNBC
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Hungary's Largest Bank Needs No Capital Raising
Hungary was one of the first countries in the Eastern bloc to embrace Capitalism and reform. Laszlo Bencsik, CFO of Hungary's largest bank OTP, told CNBC his bank hasn't had the need to repair its balance sheet, nor has it sought capital enhancement from the government. "Our capital position is very strong," he said.
CNBC | November 4, 2009
