Are you sure?

Hungarian banks rack up combined loss of HUF 57 billion in Q3

Hungarian banks had a combined loss of HUF 57 billion in Q3, data extrapolated from a report on the sector by financial market regulator PSzÁF shows.

PSzÁF said in a report published on Monday that combined pre-tax profit of Hungarian banks, excluding the Hungarian Development Bank, the Hungarian Export-Import Bank and clearing house KELER, but including bank branches and savings cooperatives, came to HUF 125.7 billion in Q1-Q3, HUF 57 billion less than HUF 182.7 billion in H1. (MTI-Econews)