Household lending in Hungary expected to grow in 2016 -Bank Association

December 8, 2015 1:51 PM

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BUDAPEST Dec 8 Hungarian household lending is expected to grow next year over 2015 but no expansion is seen in corporate lending, Hungarian Bank Association chief Mihaly Patai said on Tuesday.

Patai, who is chief executive of the Hungarian unit of Unicredit told a news conference that household lending started to grow already in the third quarter of 2015, and this most likely continued in the fourth quarter.

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