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bankingsystem

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MNB: Hungarian Banking System Remains Stable

D&T
May 28, 2024

The Hungarian banking system remains stable and its resilience to shocks is strong, but after last year's outstanding profitability, its profits will decline in 2024, Bálint Dancsik, head of the National Bank of Hungary's (MNB) Financial Stability Report, said on Tuesday. Last year's outperformance in profitability was mainly due to the high interest rate environment […]

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