The resolutions that show which banks have been fined by the central bank will be published in March, the paper said. The banks must refund their clients as well as pay the fines, it added.

Legislation recently approved by parliament requires banks to give clients two cash withdrawals a month, free of charge, up to a combined 150,000 forints (EUR 485).

Fines up to 500 million forints may be levied on banks who fail to comply with the free withdrawal rules.

Source www.hungarymatters.hu

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