Companies Borrow Over HUF 250 bln in July
Image by Shuttestock.com
Non-financial companies took out net HUF 256 billion of loans from Hungarian banks in July, state news wire MTI reports, citing monthly data released by the National Bank of Hungary (MNB) on Wednesday.
Forint loans accounted for HUF 140 bln and FX loans for HUF 104 bln of net borrowing.
Banks' corporate lending stock rose to HUF 12.518 trillion at the end of the month.
Companies' deposits rose by a net HUF 494 bln during the month. FX deposits rose HUF 733 bln even as forint deposits fell by HUF 240 bln.
Deposit stock rose to HUF 15.005 tln at the end of July.
Czech Economic Sentiment Hits 1-year High
Chinese President to Visit Budapest in May
LOT Seoul Flight Lands in Kazakhstan Due to Drunken Passenge...
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
