Update on KELER’s system replacement project

UniCredit Bank Hungary Zrt.
The go-live date of KELER’s new system, BaNCS, might be further postponed from the earlier announced date of 21 November 2016.
Tue, 18/10/2016
KELER, the Hungarian central securities depository, has informed the market participants that the go-live date for the new system, which was planned for 21 November 2016, may be postponed depending on the meeting of the Board of Directors expected to take place on 22 October 2016 (on Saturday).

Further information will be published on the basis of the official communication of KELER.

Impact on investors: KELER’s new system BaNCS’ go live is expected to be postponed.