HUNGARY: NBH Says Banking System Features High Lending Capacity
May-29 12:05
The NBH have published a report on financial stability. Selected highlights as follows:
- "The Hungarian banking system is still characterised by high profitability, abundant liquidity and a strong capital position, and consequently the sector’s shock resilience remains outstanding. Banks’ lending capacity is abundant, and no general credit supply constraints can be identified. In the past period, credit risks did not rise despite the prolonged dynamization of the real economy, while the non-performing loan ratio is historically low."
- "According to our estimate, the free capital of HUF 2,256 billion would make it possible to disburse approximately HUF 30,000 billion, with which the private sector’s lending portfolio would more than double."
See the full report here.
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