Hungary : Technical Assistance Report-Operational Aspects of Establishing an Asset Management Company.

This Technical Assistance report examines Operational Aspects of Establishing an Asset Management Company. In November 2014, the Magyar Nemzeti Bank (MNB) established the Magyar Reorganizacios es Koveteleskezelo (MARK), an asset management company. This step was taken to help restore monetary transm...

Täydet tiedot

Bibliografiset tiedot
Yhteisötekijä: International Monetary Fund. Monetary and Capital Markets Department
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2015.
Sarja:IMF Staff Country Reports; Country Report ; No. 2015/239
Aiheet:
Linkit:Full text available on IMF
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245 1 0 |a Hungary :   |b Technical Assistance Report-Operational Aspects of Establishing an Asset Management Company. 
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300 |a 1 online resource (13 pages) 
490 1 |a IMF Staff Country Reports 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This Technical Assistance report examines Operational Aspects of Establishing an Asset Management Company. In November 2014, the Magyar Nemzeti Bank (MNB) established the Magyar Reorganizacios es Koveteleskezelo (MARK), an asset management company. This step was taken to help restore monetary transmission, credit growth, and economic recovery. The MNB has established MARK on a sound foundation: banks' participation is voluntary, market prices determine valuations, and MARK's lifetime is 10 years. MARK has a clear, well-defined mandate to focus on maximizing the value of its assets. This is supported by an ambitious return on equity and a valuation methodology based on market prices. 
538 |a Mode of access: Internet 
650 7 |a CR  |2 imf 
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650 7 |a Mark  |2 imf 
650 7 |a MNB Representative  |2 imf 
650 7 |a Risk Appetite  |2 imf 
651 7 |a Hungary  |2 imf 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2015/239 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/002/2015/239/002.2015.issue-239-en.xml  |z IMF e-Library