TITLE

Hungary: Scarce Profitability To Limit Bank Recovery

PUB. DATE
October 2010
SOURCE
Emerging Markets Monitor;10/11/2010, Vol. 16 Issue 27, p16
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
This article offers an outlook for the performance of the Hungarian banking sector in 2010. Business Monitor International Ltd. (BMI) expects uncertainty in the banking sector over the medium term. BMI attributes the scenario to the weak economy that will affect bank asset growth and loan book quality. The firm also notes the impact of the enforcement of a financial tax on banks.
ACCESSION #
54354429

 

Related Articles

  • 3. PORTFOLIO QUALITY -- ADDITIONAL REGULATORY AND CENTRAL BANK MEASURES ARE REQUIRED TO FACILITATE ACCELERATION OF PORTFOLIO CLEANING. FERENC, DEÁK // Report on Financial Stability (Magyar Nemzeti Bank);Nov2014, p33 

    The article examines the portfolio quality of loans in Hungary for the first half (H1) of 2014. Topics discussed include the increase of ratio of non-performing loans (NPL) in the corporate sector, which is attributable to the real estate project loans. Also mentioned is the argument that...

  • 2. DEVELOPMENTS IN DOMESTIC LENDING -- IMPROVEMENT IN CORPORATE LENDING MAINLY REFLECTS THE IMPACT OF THE FGS AND NOT A PICK-UP IN THIS MARKET: 2.3. Corporate lending is expected to continue increasing. FERENC, DEÁK // Report on Financial Stability (Magyar Nemzeti Bank);Nov2014, p31 

    The article discusses developments in domestic lending in Hungary for the first half (H1) of 2014, as it predicts that corporate lending is expected to continue to increase. Topics discussed include the predictions that setting up the Hungarian central bank asset management company may improve...

  • Further 100bps Cuts Ahead.  // Emerging Europe Monitor: Central Europe & Baltic States;Jan2010, Vol. 17 Issue 1, p5 

    The article provides information on Business Monitor International Ltd.'s (BMI) economic outlook for Hungary for 2009-2010. Based on the data released by the country, the National Bank of Hungary will enforce further budget cuts to its main refinancing rate for the end of 2009. The BMI projects...

  • Hungary: Sovereign Heading Towards Junk.  // Emerging Markets Monitor;12/13/2010, Vol. 16 Issue 35, p16 

    The article presents the market outlook of the Business Monitor International (BMI) for Hungary as of December 13, 2010. It attributes the downgrading by Moody's of both the local and foreign currency sovereign credit rating on December 6 to the moves by the centre-right government. It cites the...

  • Hungary: Default Risks - More Posturing Than Economic Reality.  // Emerging Markets Monitor;6/14/2010, Vol. 16 Issue 11, p16 

    This article provides an outlook for the performance of the Hungarian economy in 2010. Business Monitor International Ltd. (BMI) highlights the possibility of a debt crisis emerging in the economy. BMI expresses concerns over weakening investor confidence for the country. In addition, the firm...

  • More Dovish Council To Take Shape.  // Emerging Europe Monitor: Central Europe & Baltic States;Apr2011, Vol. 18 Issue 4, p1 

    The article focuses on the forecasts of Business Monitor International Ltd. (BMI) for the financial and economic conditions of Hungary. It mentions that the country's Monetary Policy Council (MPC) standing in terms of the monetary policy is determined to change due to the expiration of the...

  • Central Bank's Hands Tied For Now.  // Emerging Europe Monitor: Central Europe & Baltic States; 

    The article presents an economic outlook by the research firm Business Monitor International Ltd. (BMI) for Hungary, focusing on the Hungarian Central Bank. It mentions that the central bank must continue to balance inflation which targets to maintain financial stability. It notes that a clear...

  • SWOT Analysis.  // Hungary Tourism Report;Q3 2010, p7 

    The article presents the strengths, weaknesses, opportunities and threats (SWOT) analysis of Business Monitor International (BMI) Ltd. for Hungary's tourism industry, politics and government, economic and business sector, as of September 2010. Identified threats to the industry include increases...

  • Moderate Asset Growth Expected In 2011.  // Middle East Monitor: The Gulf;May2011, Vol. 11 Issue 5, p6 

    The article discusses the economic forecast for banking sector in Kuwait in 2011. According to Business Monitor International Ltd. (BMI), a 7.0% asset growth is expected in 2011 while strong economic recovery, loan growth, and asset growth of 10.0% every year are predicted in the private sector...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics