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
Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >FAO food price index rose slightly in June due to higher prices of meat, dairy products and vegetable oils
The Food and Agriculture Organization of the United Nations (FAO)…
Read more >What can cause the price of a wine to increase tenfold?
There are fewer of them worldwide than the number of…
Read more >