The SME lending grew by 12 percent in 2016
Corporate lending increased in 2016 in an extent has not seen since the crisis. Corporate lending increased by 4 percent.
The SME loan portfolio increased by 8 percent, and extended with the self-employed increased by 12 percent. The volume of new home loan contracts increased by an annual average of 51 percent, but the stock remained unchanged compared to the end of 2015 – according to the quarterly publication of the Hungarian National Bank (MNB), which was shown to the press on Friday. (MTI)
Related news
Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >MNB Director: The central bank expects 4.7 percent annual inflation this year
Inflation is expected to exceed the central bank’s tolerance band…
Read more >Bankmonitor: More than 19,000 billion HUF is lying unsecured with Hungarians
According to MNB statistics, Hungarians held 19,236.1 billion forints in…
Read more >Related news
Carrefour sells Italian branch to NewPrinces Group
Carrefour has entered into a binding agreement with NewPrinces Group…
Read more >