ING Bank will sell its 50 % stake in the Budapest Stock Exchange ( plc ) to euros Bank following the Hungarian shareholder decision to broaden the authority of the BSE . While the Hungarian Government plan to increase incentives for small and medium - sized enterprises to enter the bourse , Erste bank sees the transaction as a strategic investment .
ING Bank will sell its 2.3% stake in the Budapest Stock Exchange (BSE) to Erste Bank following the Hungarian Parliament vote to broaden the authority of the BSE. While the Hungarian Government plan to increase incentives for small and medium-sized enterprises to enter the bourse, Erste bank sees the acquisition as a strategic investment.