Total assets stood at HUF 895.4 bln at the end of last year, level with a year earlier, Zolnai said.

In December, the Hungarian government signed a preliminary deal to buy Hungary’s eighth largest bank, Budapest Bank, from its 100%-owner General Electric by June 30. The buyer will be Corvinus Nemzetközi Befektetési, while the Hungarian Development Bank (MFB Zrt.) will ensure funding for the acquisition.