"Hungary Commercial Banking Report Q3 2012" Now Available at Fast Market Research
BMI View: Weakening economic activity, deteriorating credit quality, external deleveraging effects and concerns over government policy will together weigh heavily on the performance of Hungarian banks in 2012, and in turn their capacity to support the country's broader economic recovery. While an IMF deal is expected to be reached by the government within the next couple of months, which should help to underpin broader stability, this will not wholly mitigate the headwinds facing the Hungarian commercial banking sector. Banks' ability...
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