Hungarians have huge account debts, but showing a decreasing tendency

By: trademagazin Date: 2009. 09. 29. 00:03

According to the data of the domestic financial supervision, the Hungarian households bank overdrafts decreased, compared to the end of 2008, exceeding 325 billion HUF, in July this year.

The tendencies compared to the previous years, changed. In the previous years an about 9 percent quarterly increase have occured in the stocks of bank overdrafts, but at the beginning of this year, decreased by about 10 percent, compared to last year’s end. During the year, especially during the summer months, the current account debts began to increase again, but still not reached the level of the end of last year – reports Pénzcentrum.hu.

Related news