Transactions lift corporate lending stock in May
Image by Shutterstock.com
Non-financial companies were net borrowers to the tune of HUF 75 billion in May, but withdrew net HUF 27 bln from deposits, state news wire MTI reports citing monthly data released by the National Bank of Hungary (MNB).
Hungarian banks' corporate lending stock reached HUF 11.894 tln at the end of the month, boosted by the impact of the weaker forint on FX credit, too.
Corporate deposit stock stood at HUF 14.4 tln at the end of June.
Richter Shareholders Approve HUF 423/Share Dividend
Liz & Chain Rooftop Bar Debuts Sustainable Cocktails
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.
