National Bank of Hungary warns of tight lending conditions

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The National Bank of Hungary's (NBH) quarterly lending survey, published today (November 29), found loans to businesses tightened further in Q3, although credit conditions for consumers eased.

The survey aims to gauge Hungarian banks' perceptions of credit conditions, weighted by market share. Lenders cited unfavourable macroeconomic conditions and industry-specific problems as the main reasons for the worsened corporate lending conditions, although a state subsidy scheme appeared to be

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