Global Trade Alert
Global Trade Alert

Hungary: Establishment of MARK to purchase NPLs from Hungarian banks

Announcement

10 Feb 2016

In February 2016, the government of Hungary announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Feb 2016

Revocation date:

No revocation date

Last action: 10 Feb 2016
Debt purchase In force
On 10 February 2016, the European Commission approved the creation of the MARK, a Hungarian asset management company funded by the Hungarian central bank. It is meant to buy off non-performing loans (...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70533

interventions

194

jurisdictions