By SIMON CONSTABLE
There’s lots to like in Hungary, including strong capital inflows, fast economic growth, low borrowing costs, and a much-improved banking sector. All should help boost local stocks.
“Higher bank profits should improve banks’ ability to ramp up lending and give more support to output growth and investment,” says Ugras Ulku, deputy head of emerging market Europe research at the Institute of International Finance (IIF). Read more here.
Budapest
Photo by Keszthelyi Timi on Unsplash