Magyar Bankholding: loan and deposit portfolio in the agricultural sector grew above average last year

Loans and deposits in the agricultural sector grew above average in 2021
As has been written, the main reason for the expansion was the significant rise in the price of crops last year, which is why the deposit stock of agricultural companies also jumped.
Budapest Bank, MKB Bank and Takarékbank expect that if the Russian-Ukrainian tensions do not ease until the harvest, grain prices will remain close to record levels on the global and domestic markets. (MTI)
Related news
Farmers’ interests must be protected against Ukrainian agricultural products
Brussels would be committing a crime if it allowed Ukrainian…
Read more >The EU is a net exporter of eggs and egg products
According to data from the European Commission, the EU (EU27)…
Read more >The country’s water retention capacity will improve significantly
Thanks to the currently ongoing and planned developments, instead of…
Read more >Related news
GKI Analysis: The GKI business climate index remained unchanged in June, but companies’ inflation expectations decreased further
According to a survey by GKI Economic Research Ltd. –…
Read more >Are we on the verge of an egg crisis?
Both the American and European markets are experiencing price increases…
Read more >Withdrawing cash abroad can be expensive
The fee for a 90,000-forint foreign cash withdrawal can reach…
Read more >