MNB: the shock resilience ability of the Hungarian banking system remains strong

The shock resilience of the Hungarian banking system remains strong, and the institutions of the domestic banking system would meet regulatory expectations even in the event of a significant negative macroeconomic shock – according to the Central Bank’s Financial Stability Report published on Thursday.

The report published on the website of the National Bank of Hungary (MNB) highlights that the capital adequacy ratios of banks show strong solvency, while the liquidity coverage indicator is well above the regulatory expectations. In 2018, Hungarian banks continued to increase their balance sheet total and, in particular, their loan portfolio towards the private sector. (MTI)