Nagy said the two lenders had cut over one percentage point off the contraction, while government measures, such as the interest rate freeze and price caps, reduced the decline by a further percentage point.
The combined balance sheets of MFB and Eximbank climbed over HUF 7.256 trillion last year, rising 40% from 2022, he added.
He said corporate lending would have plunged more than 40% last year without the Baross Gábor Reindustrialization Credit Program launched a year ago.
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