The loan portfolio of agriculture and the food industry also decreased

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At the national economy level, loans with maturities exceeding one year continued to account for more than three-quarters of loans. Within the total loan portfolio, the value of short-term loans increased by 15.4 percent to HUF 3,216.7 billion, while long-term loans remained unchanged (HUF 9,524.3 billion). Compared to the same period of the previous year, the loan portfolio of agriculture decreased by 0.5 percent to HUF 1,060.8 billion, while that of the food industry decreased by 4.9 percent to HUF 721.1 billion. The ratio of the combined loan portfolio of agricultural sectors to the national economy was 14.0 percent.

More than half of the loan portfolio of agriculture was owned by corporate enterprises, which amounted to 677.2 billion forints

The 36.2 percent share of individual farms corresponded to 383.6 billion forints. Almost the entire loan portfolio of food industry enterprises (715.8 billion forints) financed corporate enterprises. The loan portfolio of individual enterprises, 5.3 billion forints, was insignificant compared to that of corporate enterprises.

AKI PÁIR