Hungary Banking & Financial Services Q3 2018
Hungary’s banking and financial services sector is set for robust growth in the short term, aided by an economic upswingand supportive fiscal and monetary policies. The re-election of Prime Minister Viktor Orban should see further measures to boostlending and develop the local capital market. The industry remains highly concentrated, with large local and international financialgroups dominating; these conglomerates are expected to benefit most from the improving outlook after navigating a period ofweak growth and hostile policies.
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