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HUNGARIAN HOUSEHOLDS NET FINANCIAL ASSETS REACH HUF 44,797 BN

 

Net financial assets of Hungarian households rose by 10% to 44,797 billion forints (EUR 139bn) last year, financial accounts data compiled by the National Bank of Hungary (NBH) show. Households’ financial assets increased by 9% to 53,857 billion forints, while their liabilities rose by 4% to 9,060 billion forints. Households’ cash and deposits was up by 15% at 14,529 billion forints. Their holdings of government securities rose by 15% to 5,779 billion forints. Their holdings of shares and stakes in companies climbed by 8% to 22,629 billion forints. Among liabilities, households’ property loans were up by 10% at 3,353 billion forints, and their consumer loans edged up by 2% to 2,832 billion forints.