“No further tightening of corporate credit conditions”

Politics ♦ Published: February 22, 2013; 11:56 ♦ (Vindobona)

The Hungarian National Bank has today published the results of its latest lending survey. The survey conducted in January 2013 found that credit conditions for non-financial corporations had not been tightened further.

“No further tightening of corporate credit conditions” / Picture: © Hungarian Central Bank

Although banks’ capital and liquidity position called for an easing, they remained overly cautious in their lending policy, due to the unfavourable economic and sector-specific outlook.

According to the lending survey conducted in January 2013, credit conditions for the corporate segment were reported to have remained unchanged as a result of two opposing…