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Net corporate outlays reach HUF 105 bln in February

Hungarian lendersʼ net outlays to the corporate sector reached HUF 105 billion in February, data released by the National Bank of Hungary (MNB) on Wednesday show, state news wire MTI reported.

Net outlays of forint loans came to HUF 49.5 bln, while net outlays of foreign currency loans reached HUF 54.2 bln.

The total corporate lending stock stood at HUF 7,620.6 bln at the end of the month.

Companiesʼ deposits with Hungarian banks climbed HUF 82.5 bln to HUF 8,384.9 bln in February. Companies deposited net HUF 77.2 bln on their accounts, while revaluations and other changes added HUF 5.3 bln to the stock.