Households have made net withdrawals from their bank accounts every month since last August, with the exception of February.

Hungarian banks' retail deposit stock stood at HUF 11.846 trillion at the end of June. 

MNB data show households took out net HUF 45 bln of credit from lenders in June. New contracts included a little over HUF 12 bln of prenatal baby support loans.

The government introduced the unsecured, interest-free, general-purpose prenatal baby support loans up to HUF 10 million for families having children in the summer of 2019 along with a number of measures designed to address depopulation. The credit will be available until the end of 2024, albeit with tighter conditions and an HUF 11 mln threshold in the last year. 

Retail lending stock stood at HUF 9.957 tln at the end of June.

MNB data show the average annual percentage rate for home loans from Hungarian banks was 10.42% in June, edging up from 10.35% in May after falling for four months in a row. The home loan APR was up from 6.93% in June 2022.