MNB: households took more loans than repaid, companies were net credit repayers in May

Households took more loans than they repaid in May, but companies were net credit repayers and deposits in both sectors grew according to seasonally adjusted data, published on Tuesday by the National Bank of Hungary (MNB).

From transactions, households’ loan portfolio seasonally adjusted increased by 16.7 billion HUF, excluding seasonal adjustment increased by 35.3 billion HUF. According to the seasonally unadjusted data, forint loans rose by 35.6 billion HUF, while foreign currency loans fell by 0.3 billion HUF. (MTI)