PSzÁF sees NPL stock growing in next two quarters

Deals

Growth of the non-performing loan ratio in the lending portfolio of Hungary's banking sector is not expected to stop for the next two quarters, financial market regulator PSzÁF said in a regular report on risk on Friday.

The proportion of non-performing loans in the lending portfolio of commercial banks operating as independent units in Hungary climbed to 12.4% at the end of March from 8.7% twelve months earlier, fresh PSzÁF data show.

PSzÁF noted that the number and proportion of distressed borrowers whose loans had been restructured was growing among late payers. Restructuring has re-established solvency in a little more than half of borrowers, it added.

ADVERTISEMENT

Business confidence falls slightly in June Analysis

Business confidence falls slightly in June

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

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.