Trademagazin > News and articles > Market News > MNB: credit dynamics were at the forefront of the EU last year
MNB: credit dynamics were at the forefront of the EU last year
Despite the coronavirus pandemic, the credit market performed outstandingly last year, and Hungary is at the forefront of the EU in terms of both corporate and retail credit dynamics, an analyst at the Magyar Nemzeti Bank (MNB) said at an online press conference.
Commenting on the central bank’s latest report on lending processes, Dancsik Bálint emphasized that the annual growth of the corporate loan portfolio was 9.4 percent last year, the portfolio expanded by 2.5 percent to 227 billion HUF in the last quarter of 2020. (MTI)
Related news
MONEY.HU: Hungarians are optimistic about their financial situation
According to the latest quarterly population survey of the Magyar…
Read more >MNB vice president: there is no green transition without central banks
The energy transition is one of the world’s greatest challenges…
Read more >K&H: What happened to the HUF? What would be needed in Hungary and what can be expected in Europe?
Despite the weakening of the forint seen in recent days,…
Read more >
More related news >
Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >