Extra Working Day

UniCredit Bank Hungary Zrt.
Summary: 
Saturday, 12 December 2015 is set as an extra working day in Hungary, instead of 24 December 2015, which will be a public holiday
Mon, 07/12/2015

 

Please be informed that Saturday, 12 December 2015 is set as an extra working day in Hungary, replacing Thursday 24 December 2015, which will be an extra public holiday in accordance with the local practice.

On Saturday, 12 December 2015 the banks, KELER and KELER CCP will be open and UniCredit Bank Hungary and both KELER and KELER CCP are operating with shortened deadlines. Free of payment securities transfers will be processed between 7:00 a.m. and 3:00 p.m. CET, whereas versus payment transactions can be settled between 7:00 a.m. and 2:30 p.m. CET in KELER.

As a result, UniCredit Bank Hungary will accept client instructions for same day settlement on this day until 1:30 p.m. CET.

Further information on the forthcoming holidays in December will be released in a separate Newsflash in due course.

Impact on investors: Banks, KELER, KELER CCP will be open on 12 December 2015. Trading on Budapest Stock Exchange or on MTS will not be possible on the extra working day.