New lending contracts included HUF 20 billion of prenatal baby support loans. The unsecured, interest-free, general-purpose credit for families having children was launched by the government to reverse the depopulation trend.

The retail lending stock stood at HUF 10.526 trillion at the end of June. The stock included HUF 2.121 tln of prenatal baby support loans, according to the report.

Households made HUF 338 bln of net deposits during the month, lifting retail deposit stock to HUF 12.961 tln.

National bank data show the average annual percentage rate for home loans from Hungarian banks was 7.06% in June, up from 6.93% in May.

The home loan APR was down from 10.42% in June 2023.