Vol 1, No. 149, 30 October 1997
HUNGARY'S LARGEST BANK PRIVATIZED. With the sale of more than
7 million shares, the privatization of Hungary's Savings Bank has
been more successful than expected, Hungarian media reported on
30 October. The two rounds of privatization of the country's largest
bank generated 52 billion forints ($267 million) in revenues for the
State Privatization and Holding Company. That sum is more than half
of the total revenues from the privatization of all other Hungarian
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