Loss occurred at the banks for the end of the year

Due to the end repayments and deteriorating loan portfolio the banks closed the last quarter with a 150 billion HUF loss.

After thirteen years the Hungarian banking system made loss in 2011: the credit institutions operating as joint stock companies closed a year with a 92.6 billion after tax minus – shows the datas of the Financial Supervisory Authority (FSA) published yesterday. (Herman Bernadett, Világgazdaság Online)