Based on the responses of senior managers at Hungary’s biggest commercial banks to a National Bank survey, the domestic banking segment could close 2012 with a profit again. According to the survey last year’s combined losses of HUF 66 billion (EUR 232.62 million) could be compensated with an industry profit of a similar extent (HUF 67 billion or EUR 236.18 million). This despite the fact that the executives polled expect the ratio of non-performing loans to be around 16 per cent in 2012 (compared to 13.5 per cent in 2011) and anticipate their total assets to decline 3.6 per cent.
