February 17, 2010
The Magyar Nemzeti Bank (the central bank of Hungary) published the results of its latest lending survey in January, suggesting that banks have had strong ability and adequate liquidity position to lend.
However, their risk-taking inclination has been yet low, leading to reduced credit availability particularly to the corporate sector.
In addition to supply-side factors, the weak demand for loans has been continuing to be an important factor in the decline of loan volume.
