Hungary banks aim to boost corporate lending -central bank

May 21, 2015 8:03 AM

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BUDAPEST May 21 Hungary's central bank has welcomed plans by local banks to boost lending to companies in the coming years, it said on Thursday, adding however that no lenders have set specific targets on credit expansion.

The central bank added that ideally it would like to see banks boost corporate lending by 6 to 7 percent per year, with less reliance on its cheap loans programme, to keep economic growth above 3 percent.

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