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Banks and Insurers to Strengthen Five Priorities -Policy-EnglishChannel

Banks and Insurers to Strengthen Five Priorities -Policy-EnglishChannel
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MNB Signs Cooperation Agreement With NFRA

The National Bank of Hungary (MNB) has signed a cooperation agreement with China's National Financial Regulatory Administration (NFRA) on joint oversight activities, Hungary's central bank and financial market regulator said in a release on its website.

Opinion | China must shield the rest of its economy from the property contagion

Beijing must let unsalvageable developers fail and, crucially, avoid saddling banks with bad loans. Short-term pain is preferable to infecting finance and creating a deeper, longer economic downturn.

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