MNB: Corporate lending stock of Hungarian banks falls on net repayments in June
Image by Jessica Fejos
Corporate lending stock of Hungarian banks fell in June from the previous month as companies made net repayments, fresh data from the National Bank of Hungary (MNB) show, Hungarian news agency MTI reported today.
(Photo: Jessica Fejos)
Corporate lending stock of the banks fell HUF 150.1 bln to HUF 6.299 trillion according to non-adjusted data. Net repayments came to HUF 191.0 bln, while revaluations and other changes increased lending stock by HUF 40.8 bln.
Corporate deposits fell HUF 203.7 bln to HUF 5.119 trillion in June. Deposits decreased due to transactions by HUF 228.6 bln but revaluations lifted the stock by HUF 24.9 bln.
The forint weakened about 1.7% to the euro between the end of May and the end of June, calculating with the central bankʼs daily fixing.
MOL Shareholders Approve Dividend of Around HUF 250/Share
Chinese President to Visit Budapest in May
LOT Seoul Flight Lands in Kazakhstan Due to Drunken Passenge...
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
