Households have made net withdrawals from their bank accounts every month since last August, with the exception of February.
Hungarian banks' retail deposit stock stood at HUF 12.302 trillion at the end of April.
MNB data show households took out net HUF 5 bln of credit from lenders in April. New contracts included close to HUF 7 bln of prenatal baby support loans.
The government introduced the unsecured, interest-free, general-purpose prenatal baby support loans up to HUF 10 mln for families having children in July 2019 along with a number of measures designed to address depopulation. The credit was originally to have been available only until the end of 2022, but the government extended the scheme for another two years.
The retail lending stock stood at HUF 9.871 tln at the end of April.
MNB data show the average annual percentage rate for home loans from Hungarian banks stood at 10.46% in April, falling for the third month in a row. The home loan APR dropped from 10.52% in March but was up from 4.84% in April 2022.
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