The savings banks would increase their market share in agriculture

The savings banks would increase their market share in agriculture, and in addition to maintaining their existing customer base, they would like to expand the financing of the medium and large-scale plants -Takarékbank said.

The Takarék Group plans to increase its agricultural credit market share to 27-28 percent by 2021 from the current 22-23 percent, as the part of the strategy adopted last week. This means surplus fundings of 40-50 billion forints. Funding for food companies would also be expanded by 35-40 billion forints, with a current market share of 3 percent to 10 percent. (MTI)