The ratio of restructured loans fell to 12.0% of all retail loans at the end of 2014.
The NPL ratio within restructured loans rose to 54.5% from 53.3% at the end of last September and from 50.4% one year earlier.
Gross retail loan stock fell in every quarter of 2014 and was down 0.6% in twelve months to HUF 6,373 bln at the end of 2014. The drop slowed considerably, however, from a 5.1% decline in 2013.
Net loans fell more, by 2.2% in 2014 to HUF 5,506 bln at the end of December, but far less than the 7.3% contraction in 2013.
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.
