MNB: households and companies have saved more when borrowing in 2017
Companies and households have raised their bank deposit last year more than their credits -according to the data released by the National Bank of Hungary on Thursday.
It can be calculated from the consolidated balance sheet of the credit institutions that households’ creditworthiness increased by 113 billion forints, and their deposits grew by 511 billion forints in 2017. Corporate debt increased by 572 billion forints, while deposits grew by 972 billion forints, by the end of December last year, compared to the same period of the previous year. (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 >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 >