The losses halved from HUF 148.11 bln in 2014 and the loss was just HUF 1.243 bln last year if one-off items related to the reorganization of the bank were excluded.
Last year the bank got rid of nearly HUF 213 bln in non-performing loans, which significantly reduced the loan-to-deposit ratio, Balog said.
The chairman-CEO was confident that the bankʼs sale will be successfully completed and said that the HUF 37 bln selling price is over the state support the bank received.
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