Consolidated total assets rose 6.8% to HUF 1.770 trillion. Gross stock of loans fell 4% to HUF 1.013 trillion, while stock of deposits rose 4.4% to HUF 1.067 trillion.
UniCredit bank said the National Bank of Hungary’s Funding for Growth scheme had moderated the decline in lending by supporting outlays to SMEs.
The bank’s net loan-to-deposit ratio stood at 85% at year’s end, down from 94% at the end of 2012.
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