Households were net borrowers of HUF 5.2 bln, but “revaluations and other changes” reduced the stock by HUF 6.1 bln. About half a billion forints were added to FX lending stock as the result of the weaker forint, but the revaluations cut HUF 6.5 bln from forint stock, which could show a portfolio cleanup, MNB said. 

Households were net depositors to the tune of HUF 75.4 bln in June, lifting the retail deposit stock to HUF 6.9911 bln.