Highlights from the NBH’s financial stability report:

• The Hungarian banking system’s stability and shock resilience are bolstered by outstandingly high profitability, ample liquidity, adequate capitalisation and the high quality of the loan portfolios.
• In line with global trends, risks related to domestic commercial real estate lending continue to deserve special attention.
• The credit market is characterised by dual trends: lending to households picked up significantly, while corporate credit growth decelerated further during the year.
• The sector would remain stable even in a less favourable economic environment than expected.

Full report here.