MNB: Forint liquidity of banking sector grows in December

Telco

Forint liquidity of Hungary's banking sector rose in December from a month earlier, reflected in increases in the average stock of overnight and two-week deposits, the National Bank of Hungary (MNB) said in a report today.

The average stock of O/N deposits rose by HUF 141.2 bln to HUF 233.5 bln. The average stock of central bank two-week deposits climbed HUF 153.0 bln to HUF 5.05 trillion.

The average stock of external assets increased by HUF 187.4 bln to HUF 11.017 trillion, mainly due to exchange rate effects but also due to European Union transfers, the MNB said.

The average stock of central government deposits dropped a sharp HUF 494.9 bln to HUF 947.6 bln on redemptions and maturities of government securities as well as repayments of loans, according to the report.

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

Budapest leaders make public transport free for under-14s City

Budapest leaders make public transport free for under-14s

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.