The surety stock saw quicker than expected growth as Garantiqa performed better in all its major business segments even as it managed to keep its costs below the previously forecast level.
At the start of the year Garantiqa expected its surety stock to reach HUF 420-421 bln at the end of the year, but it now predicts it will surpass HUF 450 bln.
The guarantor said growth of its surety stock could continue in 2017.
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