Hungary Banking & Financial Services Q1 2019
Hungary’s banking and financial services sector should continue to expand amid positive economic sentiment andbroadly supportive fiscal and monetary policies. The regulatory environment remains somewhat uncertain due to the government'sunconventional policy approach, though EU directives now form the bedrock of the legislative framework. The industry remainshighly concentrated, with large local and international financial groups dominating and best positioned to benefit most from theimproving outlook after navigating a period of weak growth and hostile policies.
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