Hungaryʼs corporate lending market has turned in a positive direction after reaching a low in the spring of 2012, KPMG said in a statement, according to Hungarian news agency MTI. A bigger proportion of banks are fully prepared to make new corporate outlays, and most banks expect their corporate loan portfolio to grow in the coming six months.

Although two-thirds of banks expect the quality of the portfolio to improve slightly, none expect a significant reduction in the rate of non-performing loans.