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Moody’s: Hungary banking system to stable
Moody's Investors Service said it changed Hungary's banking system outlook to stable from negative, reflecting its expectation that the operating environment will stabilize over the next 12-18 months.
"We expect that the operating conditions for Hungarian banks will improve in 2015-16, amid relatively strong economic growth and a shift in the government's policy stance toward banks," Moody’s senior analyst Armen Dallakyan said in a news release.
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