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Frame Conditions for Banks Remain Difficult in Hungary
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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