Total assets fell 2% to HUF 905.3 billion in the twelve months to the end of December. Stock of loans edged down 1% to HUF 625.4 billion.

Zolnai said the bank had signed contracts for some HUF 17 billion of 0% financing available under phase II of the National Bank of Hungary’s Funding for Growth scheme and had already lent HUF 9 billion of the amount.