UniCredit Bank Hungary Zrt.
Communication issues currently being experienced following implementation of new custody system over the weekend.
Please be advised that, following the implementation of our new custody system (BaNCS) over this past weekend, unfortunately there are currently some communication issues being experienced by UniCredit Bank Hungary.
Our local and group IT support teams are working to resolve these problems with top urgency, and we expect resolution soon. At this time, this issue may lead to delays in settlements and confirmations.
As soon as any new information is received, we will be sure to provide an update.
We apologize in advance for any inconveniences caused.
Impact on investors: Impact currently under assessment. Communication issues have been identified, there are delays in the processing of settlement instructions.