Weekly newsletter

Hungarian Households Net Financial Assets Reach HUF 44 bn

MTI-Hungary Today 2019.04.02.

Net financial assets of Hungarian households rose by 10 percent 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 percent to 53,857 billion forints, while their liabilities rose by 4 percent to 9,060 billion forints.

Households’ cash and deposits was up by 15 percent at 14,529 billion forints. Their holdings of government securities rose by 15 percent to 5,779 billion forints. Their holdings of shares and stakes in companies climbed by 8 percent to 22,629 billion forints.

Among liabilities, households’ property loans were up by 10 percent at 3,353 billion forints, and their consumer loans edged up by 2 percent to 2,832 billion forints.

featured photo by 123rf.com