Companies Make Net Deposits of HUF 569 bln in November

Banking

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Non-financial companies made net deposits of HUF 569 billion in their accounts at Hungarian banks in November, news agency MTI reports, citing monthly data released by the National Bank of Hungary (MNB) today.

Net deposits in forint corporate accounts came to HUF 173 bln and reached HUF 397 bln for FX accounts. Corporate deposit stock came to HUF 15.247 trillion at the end of the month.

Companies borrowed net HUF 122 bln in November, lifting corporate lending stock, including subscriptions of corporate bonds, to HUF 13.426 tln. Companies borrowed an average HUF 153 bln a month in January-November.

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