The loan portfolio of agriculture and the food industry also decreased
The loan portfolio of corporate enterprises in the national economy increased by 3.5 percent to HUF 12,741.0 billion in one year. Within this, the value of foreign currency-based loans increased by 12.6 percent to HUF 6,223.3 billion, while those in HUF decreased by 3.9 percent to HUF 6,517.7 billion.

(Photo: Pixabay)
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
Related news
István Nagy: Hungarian melon season starts with good quality melons
Compared to last year, the volume of melon imports has…
Read more >The government provides irrigation water to farmers for free
The government provides irrigation water to farmers for free by…
Read more >Climate change is one of the biggest risks to food security
Our country is reducing the challenges caused by droughts and…
Read more >Related news
What makes us add the product to the cart – research
The latest joint research by PwC and Publicis Groupe Hungary…
Read more >Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >In several countries around the world, there will be Hungarian inscriptions on McDonald’s cola glasses
Starting in July, McDonald’s restaurants in several countries around the…
Read more >