Central bank: Hungary’s banking sector remains profitable and shock-resistant

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Central bank: Hungary’s banking sector remains profitable and shock-resistant

The Hungarian banking system is still characterised by high profitability, abundant liquidity and a strong capital position, and consequently, the sector’s shock resilience remains strong, National Bank of Hungary (NBH) department head Bálint Dancsik said on Thursday, presenting the central bank’s Financial Stability Report. The capital position of banks has further strengthened, which is important for both shock-resistant capacity and lending c…