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Frame Conditions for Banks Remain Difficult in Hungary

Published: November 9, 2013; 16:53 · (Vindobona)

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: © Flickr

“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…

This article includes a total of 348 words.

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