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Gránit Bank Balance Sheet Close to HUF 1.4 tln

Banking

Total assets of Gránit Bank were close to HUF 1.4 tln at the end of April, the lender said on Tuesday, according to a report by state news wire MTI.

Total assets climbed over HUF 1.2 tln by the end of 2023, making Gránit Bank the eighth-biggest universal bank in Hungary. The number of account holders approached 190,000.

Gránit Bank's NPL ratio was just 0.02%, a fraction of the 2.9% banking sector average.

Consolidated after-tax profit came to HUF 21.6 bln, all of which the owners placed into retained earnings.

Gránit Bank's cost-to-assets ratio was 1.1%, half of the banking sector average.

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