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)
Related news
In 2023, the animals were fed mainly with fermented and fibrous bulk feed
In Hungary, 7,598,000 tons (100 percent coverage) of fodder were…
Read more >The agricultural council must show the main directions of the agricultural policy after 2027
The aim of the six-month Hungarian presidency of the Council…
Read more >Fresh Hungarian sweet corn is delicious both baked and boiled
Sweet corn is one of the hit vegetables of the…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >