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Top Bank CEO Votes for Stability in Hungarian Election

  • Opposition win in April would pose ‘huge’ uncertainty: OTP CEO
  • Hungarian banks enjoying supportive environment, Csanyi says
Sandor Csanyi
Sandor Csanyi

Photographer: Akos Stiller/Bloomberg

Hungary’s government remaining in power after April’s parliamentary election would help the banking sector continue to operate in a supportive environment, according to Sandor Csanyi, Chairman and Chief Executive Officer of OTP Bank Nyrt.

In contrast, a new government would mean "huge" uncertainties for banks, Csanyi, 64, who has been at the helm of Hungary’s biggest lender for more than 25 years, said in a rare interview on political matters on Friday after publishing the bank’s quarterly results.