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Frame Conditions for Banks Remain Difficult in Hungary
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The Hungarian banking sector is highly dissatisfied with the regulation environment, the European Bank for Reconstruction and Development reported.
Frame Conditions for Banks Remain Difficult in Hungary / Picture: © Vindobona.org
“Hungarian bank branch networks are quite evenly spread across the country with a mixture of areas served only by domestic banks and those that have both foreign and domestic bank branches. Foreign-owned banks are perceived as strong competitors for retail, small and medium-sized enterprise (SME) and large enterprise lending. Unlike in most other CEB countries, Hungarian…
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