Career
After having been connected for several years with the Anglo-Hungarian Bank and the Ungarische Boden-Cr-Gesellschaft, he was elected in 1881 director-general of the Hungarian Bank of Commerce, in which capacity he contributed greatly to the promotion of Hungarian commerce, and exerted an important influence on the commercial policy of the country. He was especially successful in enlarging Hungarian cr in foreign countries, and in making the finances of Hungary independent of those of Vienna. Lánczy received in 1891 the Order of the Iron Crown, and subsequently the "Comthur-Kreuz" of the Order of Franz Joseph, in recognition of his services in promoting the Millennium Exposition of 1896.
In 1902 he received the title of Hofrath.
