Leaving the outlook unchanged “reflects continued credit risks for the banks stemming from the negative pressure on their asset quality, profitability and capitalization”, Moody’s added, also noting banks’ significant exposure to wholesale and foreign-currency funding. Moody’s pointed out that problem loans are expected to continue growing as a share of total loans from 21.3% at the end of March, although at a slower pace.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
