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Sberbank collapse

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Sberbank Collapse Sent Erste Hungary into the Red

D&T
May 4, 2022

Erste Bank Hungary posted a negative result after tax in the first quarter. One of the main reasons for this is that the National Deposit Insurance Fund ordered an extra payment of HUF 7.9 billion due to the liquidation of Sberbank. Erste closed the first quarter with a minus of HUF 908 million, the bank's […]

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