Net interest revenue of the companies rose 22% to HUF 113 bln. Net revenue from commissions and fees dropped 78% to HUF 0.4 bln.
Income from "other business activities" fell 24% to HUF 61.6 bln.
Financial companies had total assets of HUF 3.069 trillion at the end of September, up 13% from 12 months earlier. The stock of client receivables increased 18% to nearly HUF 2.538 tln.
The stock of liabilities to lenders rose 9% to almost HUF 1.634 tln and liabilities to clients increased 47% to HUF 426 bln.
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.
