Companies Make Net Repayments on Credit in April
Image by Shutterstock.com
Non-financial companies repaid net HUF 14 billion of loans to local lenders in April, monthly data released by the National Bank of Hungary (MNB) on Friday show, according to a report by state news wire MTI.
Companies also repaid HUF 68 bln of corporate bonds during the month.
Corporate lending stock, including subscriptions of corporate bonds, stood at HUF 13.019 tln at the end of April.
Companies made net withdrawals of HUF 7 bln in April. Corporate deposit stock slipped to HUF 14.586 tln at the end of the month.
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.