New Custody System (BaNCS) to be implemented in UniCredit Bank Hungary Zrt.

UniCredit Bank Hungary Zrt.
Summary: 
New Custody System (BaNCS) to be implemented in UniCredit Bank Hungary Zrt.
Fri, 10/03/2023

It is with great pleasure to announce that, following on the recent successful implementations of BaNCS in UniCredit Banka Slovenia, this coming weekend (11-12.03.2023) UniCredit Bank Hungary will be the next market to go-live with the new system.
Keeping in line with our ongoing multi-year project, with this implementation, Hungary will now become the 7th GSS market to implement BaNCS.
We are also delighted to confirm that this new system has been tested extensively over the past few months by fully dedicated and experienced IT and operational teams and that we have corrected all bugs identified during this process. Should there be any unexpected developments over the coming weekend, measures are in place to ensure that no disruption occurs, and you will be duly informed of the status at business opening on Monday, March 13th. 
This implementation reinforces our continued commitment to service excellence, both near and long-term. We are extremely proud of being able to take this step forward together and, as always, thank you for the trust and support given to us.

Impact on investors: For information purposes