November 27, 2024 09:05 GMT
HUNGARY: NBH Say Banking System Stable, Previously Identified Risks Have Abated
HUNGARY
Highlights from the NBH’s financial stability report:
- The Hungarian banking system’s stability and shock resilience are bolstered by outstandingly high profitability, ample liquidity, adequate capitalisation and the high quality of the loan portfolios.
- In line with global trends, risks related to domestic commercial real estate lending continue to deserve special attention.
- The credit market is characterised by dual trends: lending to households picked up significantly, while corporate credit growth decelerated further during the year.
- The sector would remain stable even in a less favourable economic environment than expected.
Full report here.
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