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Silence before the storm at Hungarian banks: clouds are gathering above the credit market

You can now listen to the Portfolio Checklist, our daily podcast on Tuesday. Today’s show was unusual as it wasn’t in our paper studio, but in Portfolio Lending conference recorded at the Kempinski Hotel in Budapest on Tuesday. In the broadcast first György ZolnaiCEO of Raiffeisen Bank, second Paul PaulPresident and CEO of CIB Bank, and finally Jelasity Radován, the President and CEO of ERSTE and the President of the Hungarian Banking Association spoke. The interviews discussed, among other things, whether inflation is already visible in domestic credit demand, whether there is a risk of a credit crunch, the effects of a government interest rate hike, and of course we asked our interviewees how realistic the fiscal adjustment is. expect the Hungarian sector to make a larger contribution to the Hungarian budget than at present. Interviews are published one after the other with minimal editing.

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