The government introduced the unsecured, interest-free, general-purpose prenatal baby support loans up to HUF 10 million for families having children in July 2019. The loans are part of a package of family support measures designed to address the problem of depopulation and are available only until the end of 2022.
Households borrowed net HUF 132 bln in July, lifting retail lending stock to HUF 8.869 tln, the fresh MNB data show.
Households made net deposits of HUF 94 bln during the month, raising retail deposit stock to HUF 11.921 tln.
Agricultural technology, big data, and other tech sectors continued speedy growth, according to a new report on the global state of entrepreneurship.