Wiener Börse, the Vienna stock exchange, and a consortium of banks have bought a 68% stake in the Hungarian stock exchange to boost capital markets in the newly acceded European Union state.

The consortium is led by HVB's Hungary unit, which has increased its stake in the Budapest exchange from 12.7% to 25.5% following the deal. Wiener Börse holds 14%, Oesterreichische Kontrollbank 11%, Erste Bank 12.2% and Raiffeisen Zentralbank 6.4%.