As the global economy faces restructuring and major regions encounter challenges, Varga emphasized that expanding and enhancing the quality of corporate lending is of “key importance.”
He noted that the MNB began certifying corporate lending products this fall to provide small- and medium-sized enterprises with accessible and attractively priced credit options.
Varga also highlighted the impact of weak demand, high energy costs, and persistently elevated price levels on local companies.
He forecast average annual inflation of 3.4-3.6% for 2026 and reiterated that the central bank’s main objective is to achieve and maintain price stability.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
