5 Annex charts and tables

Transcription

1 5 Annex charts and tables A Changes in the economic and financial environment B Payment defaults of the loan portfolio C Banks D Credit cooperatives E Financial enterprises F Insurers G Investment service providers...14 H Fund managers, investment funds...18 I Pension, healthcare and voluntary self-support funds...111

2 December 211 Risk report A Changes in the economic and financial environment Chart A1 Crude oil and natural gas futures prices Chart A2 Prices of some precious metals (January 2 = 1) Source: EIA Crude oil (USD/barrel, left scale) Natural gas (USD/million BTU, right scale) Gold Silver Platinum Source: Bloomberg Chart A3 Representative central bank rates (%) Chart A4 Difference of 6-month LIBOR and central bank base rates (at month end, bps) 14 FED interbank O/N rate MNB base rate ECB refinancing rate SNB 3-month LIBOR 25 EUR USD CHF GBP JPY Source: FED, ECB, SNB, MNB Source: Bloomberg Chart A5 Bank lending in major areas (yoy, %) Chart A6 Returns* of large and complex banking groups in the EU (%) 16 Euro Area United States 15 ROE (left scale) RORWA (right scale) 1, , ,9,6,3-4 -3, *seasonally and working day adjusted data Source: Eurostat -6 * return on equity (ROE) and on risk weighted assets (RORWA), weighted average Source: ECB H ,3 Hungarian Financial Supervisory Authority Annex - 71

3 December 211 Risk report Chart A7 Average capital adequacy ratios* of large and complex banking groups in the EU (%) Chart A8 Gross written premium of EU insurance groups (EUR Bn) * weighted averages Source: ECB Tier 1 CAR H Source: EIOPA Life Non-life Total Chart A9 Profitability and capital adequacy of EU insurance groups Chart A1 Regional comparison of GDP growth rates (Q2 211, yoy, %) ,84 2,6 6,7 Solvency ratio ROE ROA 6,8,5,6 Estonia Lithuania Latvia Poland NMS-12 Slovakia Malta Czech Republic Bulgaria EA-17 EU-27 Hungary Romania Cyprus Slovenia Note: Q2 data based on preliminary estimations Source: EIOPA Source: Eurostat, National Statistical Offices Chart A11 Regional comparison of unemployment rates (Q2 211, %) Chart A12 Government bonds' benchmark interest rates (%) Latvia Lithuania Estonia Slovakia Bulgaria Hungary NMS-12 EA-17 Poland EU-27 Slovenia Romania Cyprus Malta Czech Republic Note: in case of Romania, Latvia and Lithuania based on earlier data Source: Eurostat months 6 months 3 years years 1 years Source: ÁKK Hungarian Financial Supervisory Authority Annex - 72

4 December 211 Risk report Chart A13 Government cash balance (rolling 12- month data as % of GDP) Chart A14 Net financial savings by sectors (rolling 12- month data as % of GDP) State budget balance, excluding local governments (MoF) General government balance (MNB) General government gross debt (right, %) Q2 21 Q2 23 Q2 25 Q2 27 Q2 29 Q2 211 Source: Ministry of National Economy, MNB Non-financial enterprises General government 12% Households Rest of the world 8% 4% % -4% -8% -12% Q1 21 Q1 23 Q1 25 Q1 27 Q1 29 Q1 211 Source: MNB Chart A15 Consumer inflation and core inflation (yoy, %) Chart A16 Agricultural and food prices (yoy, %) Source: CSO Total CPI Excluding food and energy Source: CSO Consumer prices of food (left scale) Agricultural producer prices (right scale) Chart A17 Industrial output and retail sales (in volume terms, yoy, %) Chart A18 Industrial sales growth (in volume terms, yoy, %) Source: CSO Retail sales (left scale) Industry (right scale) Domestic Export 3 Total Source: CSO Hungarian Financial Supervisory Authority Annex - 73

5 December 211 Risk report Chart A19 Industrial orders growth (% changes in volume terms, yoy) Chart A2 Real net wages and retail sales volume (yoy, %) Domestic Export 4 Total Source: CSO Source: CSO Real wages Retail sales Chart A21 Construction output growth (yoy, %) Chart A22 New housing starts and completions (12- month rolling data, thousand apartments) Total Buildings 4 Other structures Source: CSO Q3 25 Q3 26 Q3 27 Q3 28 Q3 29 Q3 21 Q3 211 Source: CSO Starts Completions Chart A23 External income balance (rolling 12-month data as % of GDP) Chart A24 Structure of net capital imports (rolling 12-month data as % of GDP) 4% 2% % -2% -4% -6% -8% -1% -12% Q2 25 Q2 26 Q2 27 Q2 28 Q2 29 Q2 21 Q2 211 Source: MNB Current account balance External financing position Direct investment Portfolio investment Other investment 25% 2% 15% 1% 5% % -5% -1% Q2 25 Q2 26 Q2 27 Q2 28 Q2 29 Q2 21 Q2 211 Source: MNB Hungarian Financial Supervisory Authority Annex - 74

6 December 211 Risk report Chart A25 Average interest rates on bank customer loans and deposits in forints (%)* Chart A26 Typical forint interest margins at banks (%)* Short-term corp. loan Household deposit, 3-12 m. Housing loan Consumer loan Short term corp. loan rates over corp. fixed deposit rates Housing loan rates over household deposit rates Consumer loan rates over household deposit rates *Total cost for mortgage and consumer loans Source: MNB *Total cost for mortgage and consumer loans Source: MNB Chart A27 Average interest rates for FX bank loans and deposits (%) Chart A28 Interest rate differentials for forint, euro and Swiss franc loans (%) EUR housing loans EUR consumer loans EUR short fixed deposits CHF housing loans CHF free-use mortgages Source: MNB HUF/CHF housing loans HUF/EUR housing loans HUF/EUR consumer loans Source: MNB Chart A29 Housing price and housing market transactions Chart A3 First time registered cars (') Housing market transactions (annual, ', left scale) Housing price index, CPI-adjusted (2=1, right scale) Q2 26 Q2 27 Q2 28 Q2 29 Q2 21 Q2 211 Source: CSO, FHB Q2 28 Q4 28 Q2 29 Q4 29 Q2 21 Q4 21 Q2 211 Source: CSO Hungarian Financial Supervisory Authority Annex - 75

7 December 211 Risk report B Payment defaults of the loan portfolio Table A1 Value of total loans Banks and branches Cooperatives Financial enterprises Total HUF Bn % HUF Bn % HUF Bn % HUF Bn % December 28 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. December 29 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. June 21 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. December 21 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. September 211 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. Distribution, September 211 Total Loans 87,2% 3,4% 9,4% 1,% - Retail loans 83,7% 3,3% 13,1% 1,% + mortgage loans 92,2% 2,8% 5,% 1,% + Other retail loans 57,% 4,7% 38,3% 1,% - Other loans 89,6% 3,5% 6,9% 1,% Development, September 21 September 211 Total Loans 1.6% -.9% -4.4%.9% - Retail loans 5.% -7.2%.3% 3.9% + mortgage loans 7.1% -3.5% 3.6% 7.7% + Other retail loans -4.6% -13.3% -8.4% -6.5% - Other loans -.4% 3.6% -9.8% -1.% + SME-loans 1.3% 1.9% n.a. n.a. + other non retail loans -1.1% 25.3% n.a. n.a. Hungarian Financial Supervisory Authority Annex - 76

8 December 211 Risk report Table A2 Value and rate of renegotiated loans Banks and branches Cooperatives Financial enterprises Total HUF Bn % HUF Bn % HUF Bn % HUF Bn % December 28 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % 53.4% % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. December 29 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % 645.5% % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. June 21 Total Loans % % % % - Retail loans % % 3 2.3% % + mortgage loans % % % % + Other retail loans % 937.7% % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. December 21 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. September 211 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. Distribution, September 211 Total Loans 89,2% 3,1% 7,7% 1,% - Retail loans 9,5% 1,2% 8,3% 1,% + mortgage loans 96,% 1,1% 2,9% 1,% + Other retail loans 6,2% 1,7% 38,1% 1,% - Other loans 87,6% 5,3% 7,1% 1,% Development, September 21 September 211 Total Loans 57.1% 8.7% 9.8% 52.6% - Retail loans 38.8% 42.8% 63.7% 4.6% + mortgage loans 43.3% 37.7% 88.4% 44.2% + Other retail loans 8.8% 65.1% 55.2% 23.6% - Other loans 87.9% 94.9% -24.7% 7.1% + SME-loans -16.7% 97.8% n.a. n.a. + other non retail loans 171.8% 16.4% n.a. n.a. Hungarian Financial Supervisory Authority Annex - 77

9 December 211 Risk report Table A3 Value and rate of defaulted loans Banks and branches Cooperatives Financial enterprises Total HUF Bn % HUF Bn % HUF Bn % HUF Bn % December 28 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. December 29 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. June 21 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. December 21 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. September 211 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. Distribution September 211 Total Loans 75.9% 5.5% 18.6% 1.% - Retail loans 75.5% 3.8% 2.7% 1.% + mortgage loans 86.1% 3.3% 1.6% 1.% + Other retail loans 53.% 4.8% 42.2% 1.% - Other loans 76.3% 7.2% 16.5% 1.% Development, September 21 September 211 Total Loans 16.3% 11.1% 7.8% 14.3% - Retail loans 1.8% 4.1% 19.1% 12.1% + mortgage loans 13.6% 8.6% 66.6% 17.4% + Other retail loans 2.% -1.9% 3.3% 2.3% - Other loans 22.7% 15.5% -4.4% 16.7% + SME-loans 11.2% 14.1% n.a. n.a. + other non retail loans 35.2% 36.2% n.a. n.a. Hungarian Financial Supervisory Authority Annex - 78

10 December 211 Risk report Table A4 Value and rate of loans in more than 9 days arrears Banks and branches Cooperatives Financial enterprise. Total HUF Bn % HUF Bn % HUF Bn % HUF Bn % December 28 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. December 29 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. June 21 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. December 21 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. September 211 Total Loans % % % % - Retail loans % % % % + mortgage loans % % % % + Other retail loans % % % % - Other loans % % % % + SME-loans % % n.a. n.a. n.a. n.a. + other non retail loans % % n.a. n.a. n.a. n.a. Distribution September 211 Total Loans 72.3% 6.1% 21.6% 1.% - Retail loans 68.1% 4.9% 27.% 1.% + mortgage loans 77.3% 4.3% 18.4% 1.% + Other retail loans 51.6% 6.% 42.5% 1.% - Other loans 75.9% 7.2% 16.9% 1.% Development, September 21 September 211 Total Loans 31.9% 23.9% 15.7% 27.5% - Retail loans 33.4% 15.8% 26.7% 3.6% + mortgage loans 45.1% 26.2% 79.6% 49.4% + Other retail loans 9.7% 4.8% 3.1% 6.5% - Other loans 3.8% 29.1% 3.4% 25.1% + SME-loans 18.% 31.% n.a. n.a. + other non retail loans 45.3% 1.7% n.a. n.a. Hungarian Financial Supervisory Authority Annex - 79

11 December 211 Risk report Table A5 Number of housing properties subjected to debt settlement proceedings or sold by creditor (unit) 28 Banks and branches Cooperatives Financial enterprise. Foreclosed Other procedure Under such proceedings Sold in foreclosure Settled in other procedure Sold with claim Settled, total Foreclosed Other procedure Under such proceedings Sold in foreclosure Settled in other procedure Sold with claim Settled, total Foreclosed Other procedure Under such proceedings Sold in foreclosure Settled in other procedure Sold with claim Settled, total Q1 Q3 Foreclosed Other procedure Under such proceedings Sold in foreclosure Settled in other procedure Sold with claim Settled, total Total Hungarian Financial Supervisory Authority Annex - 8

12 December 211 Risk report C Banks Chart A31 Main growth rates (yoy) Chart A32 Loans and deposits in the banking sector 3% Balance Sheet total Deposits Loans Loans (adjusted) 22 Loans (left scale, HUF bn) Deposits (left scale, HUF bn) Loans/Deposits (right scale) 18% 2% % 1% 17 16% % -1% % 14% 13% -2% Note: adjusted growth rate of loans is calculated on FX rate, and we assumed that the non-euro FX loans are in CHF denominated. 7 12% Chart A33 Deposit growth rates (yoy) Chart A34 Mortgage loans and collaterals 2% 15% 1% 5% % -5% -1% -15% Note: NFE+SP = non-financial enterprises and private entrepreneurs Deposits NFE+SP deposits Retail deposits Other deposits 6% 55% 5% 45% 4% 35% 3% 7% Mortgage loans / Total loans (left scale) Average LTV ratio (left scale) Mortgage loans to households / Retail loans (right scale) 84% 82% 8% 78% 76% 74% 72% Chart A35 FX ratio within asset items 8% 7% 6% 5% 4% 3% 2% 1% % Cash and settlement accounts Securities for trading Securities for investment Central bank and interbank deposits Loans Financial interests Total assets Hungarian Financial Supervisory Authority Annex - 81

13 December 211 Risk report Chart A36 FX ratio within liability items 1% 9% 8% 7% 6% 5% 4% 3% 2% 1% % Deposits Deposits from mon.fin.inst. Borrowings Own-issued debt securities Def. and property liabilities Total liabilities Chart A37 Maturity match of assets and liabilities (HUF Bn) A L A L A L A L A L A L A L -3 days 31-9 days days 1-2 years 2-5 years over 5 years without maturity Chart A38 Growth of defaulted items in the Balance Sheet (yoy) Chart A39 Growth of defaulted items (NFE+SP) (yoy) More than 9 days defaulted Defaulted More than 1 year defaulted 16% 14% 12% 1% 8% 6% 4% 2% % More than 9 days defaulted Defaulted More than 1 year defaulted 14% 12% 1% 8% 6% 4% 2% % -2% Hungarian Financial Supervisory Authority Annex - 82

14 December 211 Risk report Chart A4 Growth of defaulted items (Retail) (yoy) Chart A41 Growth of defaulted items (Foreign) (yoy) More than 1 year defaulted 19% 17% 15% 13% 11% 9% 7% 5% 3% 1% -1% More than 9 days defaulted Defaulted More than 9 days defaulted Defaulted More than 1 year defaulted 14% 12% 1% 8% 6% 4% 2% % -2% Chart A42 Growth of not problem free items (yoy) Chart A43 Growth of not problem free items (NFE+SP) (yoy) substandard, doubtful, bad non problem free bad 17% 15% 13% 11% 9% 7% 5% 3% 1% -1% substandard, doubtful, bad non problem free bad 18% 16% 14% 12% 1% 8% 6% 4% 2% % -2% Chart A44 Growth of not problem free items (Retail) (yoy) Chart A45 Growth of not problem free items (Foreign) (yoy) substandard, doubtful, bad non problem free bad 2% 15% 1% 5% % -5% substandard, doubtful, bad non problem free bad 21% 18% 15% 12% 9% 6% 3% % -3% Hungarian Financial Supervisory Authority Annex - 83

15 December 211 Risk report Chart A46 Quarterly after-tax profits of banks (HUF Bn) Big banks Other banks -1 Q3 29 Q1 21 Q3 21 Q1 211 Q3 211 Chart A47 12-month after-tax profits of banks (HUF Bn) Big banks Other banks -1 Q3 29 Q1 21 Q3 21 Q1 211 Q3 211 Chart A48 Key components of the ROA of banks 4% 3% 2% 1% % -1% -2% Note: Chart contains 12-month rolling data Net interest income (interest margin) Net non-interest income Change spec.provisions and value adjustments Operating expenditures After tax profit (ROA) -3% Chart A49 Key components of the ROE of banks Net interest income (interest margin) Net non-interest income change in spec.provisions and value adjustments Ált. igazgatási ktg-ek 4% After tax profit (ROE) 3% 2% 1% % -1% -2% -3% -4% Note: Chart contains 12-month rolling data Chart A5 Share of banks in the balance sheet total per ROA Chart A51 Share of banks in the balance sheet total per ROE 6% % % 5% 4% 4% 3% 3% 2% 2% 1% 1% % % Note: Chart contains 12-month rolling data Note: Chart contains 12-month rolling data Hungarian Financial Supervisory Authority Annex - 84

16 December 211 Risk report Chart A52 Share of banks in the balance sheet total per CAR Chart A53 CAR, adjusted with non-audited earnings 3% 25% 2% % 14% 13% Adjusted Audited Non-audited 15% 12% 1% 11% 5% 1% % 9% 8% Chart A54 Share of banks in the balance sheet total per internal capital surplus Chart A55 Internal capital surplus 5% 45% 4% 35% 3% 25% 2% 15% 1% 5% % Note: Chart contains 12-month rolling data % 2% 1% % -1% -2% Note: Chart contains 12-month rolling data Other banks Big banks Chart A56 Capital adequacy of banking groups (211.6) 24% 16% 8% % Tier1 capital Supplementary capital SREP Hungarian Financial Supervisory Authority Annex - 85

17 December 211 Risk report Table A6 Banks The institutional structure of the market Number of banks Balance sheet total of banks Growth of BS total (yoy) -.6% -7.7% 3.7% 1.4% -3.% -2.9% -7.7% 1.8% Market share of banks 93.3% 92.4% 91.8% 91.4% 92.2% 91.6% 91.6% 91.3% Number of branch offices Branches Balance sheet total of branches Growth of BS total (yoy) 6.% -16.8% 2.5% 2.5% 13.% 8.8% -4.3% 2.5% Market share of branch offices 6.7% 7.6% 8.2% 8.6% 7.8% 8.4% 8.4% 8.7% Total Number of institutions Balance sheet total (HUF Bn) Growth of BS total (yoy) 2.% -8.4% 3.6% 2.8% -1.9% -2.% -7.5% 1.9% Note: The Hungarian branch of Fio druzstevní zálozna, wich has a licence, but it has not started its operations yet, is included in Branches. The branch of Bank Sal. Oppenheim jr. & Cie. (Österreich) AG is also included, wich has terminated its operations in June 21, but it was deleted only at the end of 21. Table A7 Breakdown of bank assets Cash and settlement account 1.8% 2.% 2.2% 2.1% 2.% 2.% 2.2% 1.8% Securities for trading 12.2% 11.2% 1.3% 1.4% 8.9% 11.9% 11.9% 1.2% Securities for investment 1.5% 12.7% 12.1% 12.6% 12.7% 12.8% 12.9% 13.5% Central bank and interbank deposits 5.7% 3.9% 4.5% 4.7% 5.4% 5.3% 5.1% 5.8% Loans 62.7% 63.% 63.8% 63.% 64.2% 6.6% 6.8% 61.2% Property interests 2.2% 2.3% 2.4% 2.4% 2.4% 2.4% 2.4% 2.5% Other assets 4.8% 4.7% 4.7% 4.8% 4.4% 5.% 4.7% 5.% Table A8 Breakdown of loans Loans (HUF Bn) Non-financial enterprises and 35.6% 35.3% 33.8% 34.4% 33.9% 34.5% 34.1% 33.3% sole Project proprietorships loans 12.8% 13.% 12.6% 12.4% 12.1% 9.9% 9.6% 9.5% Other corporate loans 22.8% 22.3% 21.1% 22.1% 21.9% 24.6% 24.5% 23.8% Loans to households 36.4% 37.1% 38.1% 38.4% 39.4% 39.5% 4.6% 39.7% Housing loans 19.7% 2.% 2.3% 2.6% 21.2% 21.3% 21.9% 21.5% Consumer loans 14.1% 14.4% 15.% 15.% 15.5% 15.3% 15.8% 15.6% Personal loans 2.3% 2.3% 2.3% 2.2% 2.2% 2.2% 2.2% 2.% Car finance loans 1.5% 1.5% 1.5% 1.5% 1.5% 1.4% 1.5% 1.4% General purpose mortgage 9.9% 1.1% 1.9% 1.9% 11.5% 11.3% 11.9% 11.9% Consumer loans loans and other.4%.4%.4%.3%.3%.3%.3%.2% Loans to foreigners 12.2% 12.% 12.4% 11.5% 1.7% 1.3% 9.3% 9.9% Hungarian Financial Supervisory Authority Annex - 86

18 December 211 Risk report Table A9 Breakdown of deposits Deposits (HUF Bn) NFE+SP 27.7% 27.8% 3.1% 3.5% 3.8% 29.4% 3.1% 29.3% Retail 51.8% 5.7% 5.3% 49.5% 5.4% 5.5% 51.% 51.% Other 2.5% 21.5% 19.6% 2.% 18.8% 2.1% 18.9% 19.7% Table A1 Breakdown of liabilities between the main items Total liabilities and Shareholders' equity (HUF Bn) Deposits 41.2% 41.3% 39.2% 4.2% 41.2% 41.8% 41.6% 4.8% - NFE+SP 11.4% 11.5% 11.8% 12.2% 12.7% 12.3% 12.5% 12.% - Retail 21.3% 2.9% 19.7% 19.9% 2.8% 21.1% 21.3% 2.8% - Other 8.4% 8.9% 7.7% 8.% 7.8% 8.4% 7.9% 8.% Deposits from monetary 17.9% 18.3% 19.2% 19.2% 18.6% 19.% 18.6% 18.9% Fin. Institutions (MFIs) - Deposits from 2.8% 3.2% 3.2% 3.4% 3.% 3.3% 3.5% 3.3% financial market funds - Deposits from 3.% 2.1% 1.8% 2.% 2.5% 2.6% 2.8% 3.% domestic credit - Deposits from 12.% 12.9% 14.1% 13.9% 13.1% 13.1% 12.3% 12.5% foreign MFIs Borrowings 14.6% 13.6% 13.6% 13.4% 13.% 12.% 12.2% 14.2% - Loans from 9.1% 9.3% 9.3% 8.9% 8.1% 9.1% 9.3%.% foreigners - Loans from residents 5.5% 4.3% 4.3% 4.6% 4.9% 2.8% 2.9% 14.2% Own-issued debt securities 1.8% 1.3% 1.2% 1.2% 1.3% 1.3% 1.% 11.2% - Issued abroad 4.4% 3.6% 3.6% 3.1% 3.% 2.9% 2.4% 4.3% - Issued in Hungary 6.4% 6.6% 6.6% 7.1% 7.4% 7.4% 7.6% 6.8% Other liabilities 5.% 5.3% 7.% 5.9% 6.3% 5.6% 5.9% 6.1% Subordinated and financial liabilities 2.3% 2.3% 2.3% 2.4% 2.3% 2.3% 2.2%.% Shareholders equity 8.3% 9.% 8.5% 8.7% 8.3% 9.1% 9.4% 8.8% Table A11 Maturity structure of customer deposits -3 days 31-9 days days 1 year % 2.3% 16.5% 5.6% % 21.5% 18.7% 5.% % 2.9% 16.4% 5.2% % 21.8% 15.2% 5.2% % 21.2% 14.7% 5.4% % 21.1% 13.7% 6.1% % 19.8% 16.4% 6.6% % 19.9% 13.4% 6.8% % 18.% 15.3% 7.2% % 21.3% 14.9% 7.2% Hungarian Financial Supervisory Authority Annex - 87

19 December 211 Risk report Table A12 Components of profitability in the banking sector (HUF Bn) Interest revenue Interest expenditure Net interest income (interest margin) Net non-interest income o/w: Fees and Dividends Profit/loss on Change in specific provisions and value adjustments Operating expenditures Extraordinary profit/loss Pre-tax profit After-tax profit Note: figures based on the 12-month rolling data Table A13 Net losses due to classification (HUF Bn ) From classification of balance sheet items Loans Loans to NFE & SP Loans to households Loans to foreigners Other assets (e.g. property interests) Other balance sheet items From classification of off-balance sheet items In percentage of the opening loan portfolios Loans 2.3% 2.5% 2.47% 2.44% 2.48% 2.43% 2.17% 2.51% - Loans to NFE & SP 2.62% 2.68% 3.1% 3.14% 3.2% 3.28% 3.38% 3.86% - Loans to households 2.42% 2.39% 2.56% 2.62% 2.69% 2.56% 2.33% 2.76% - Loans to foreigners 1.61% 1.79% 3.35% 2.47% 2.49% 2.35%.71%.85% Note: figures based on the 12-month rolling data Hungarian Financial Supervisory Authority Annex - 88

20 December 211 Risk report Table A14 Necessary and actual impairment allowances Total receivables (HUF Bn) Ratio of defaulted to total receivables Not overdue as per original contract 86.2% 84.79% 83.64% 82.6% 82.6% 8.82% 8.6% 78.75% Renegotiated, extended 3.12% 1.87% 1.9% 2.37% 2.49% 2.23% 2.45% 2.25% -3 days 4.74% 6.4% 7.3% 7.77% 6.92% 7.45% 7.8% 9.24% 31-9 days 1.7% 1.91% 1.64% 1.71% 2.4% 2.85% 1.81% 1.83% days 2.65% 2.57% 2.9% 3.1% 3.4% 2.9% 3.77% 3.58% Over 1 year 1.77% 2.46% 2.61% 3.7% 3.45% 3.75% 4.11% 4.36% Defaulted items (HUF Bn) Not overdue as per original contract Renegotiated, extended days days days Over 1 year Ratio of calculated losses to total receivables 2. Ratio of impairment allowance to total receivables % 6.5% 7.% 7.7% 8.1% 8.6% 9.3% 9.7% 2.6% 2.8% 3.2% 3.5% 4.% 4.1% 4.3% 4.7% Provisioning coverage ratio 2. / % 42.7% 45.3% 45.1% 49.7% 47.4% 46.3% 48.2% Table A15 Changes in operating costs and network development Total number of staff Headcount growth rate (yoy) -1.4% -5.3% -3.9% -1.5%.1%.4% -.2% -.7% No. of bank branches Growth in branch network (yoy) 2.5% -.5% -1.2% -.7% -3.7% -1.9%.1% -1.2% Cost-to-income ratio 42.5% 42.4% 41.3% 42.% -43.2% -45.4% -45.4% -43.1% Table A16 Capital adequacy Capital Adequacy Ratio (CAR) 13.12% 13.% 12.54% 13.17% 13.% 13.82% 13.77% 12.72% Tier1 CAR 11.2% 1.9% 1.58% 11.4% 1.9% 11.69% 11.77% 1.87% Growth in regulatory capital (yoy) 8.76% 8.62% 3.51% 1.83% -1.3% 2.2% 1.1% -3.18% 1. ROE (on 12-month rolling data) 8.91% 1.5% 7.69% 2.78%.49% -2.21%.48% -.1% 2. Growth in capital requirement (yoy) -7.56% % 1.31% 1.13% -.4% -3.9% -7.74%.25% Internal capital surplus % 24.26% 6.38% 1.65%.88% 1.69% 8.22% -.35% Hungarian Financial Supervisory Authority Annex - 89

21 December 211 Risk report Table A17 Balance Sheet Total HUF (Bn) Solo (a) Consolidated (b) Difference (b / a) 21H % 211H % Change -8.9% -7.8% Table A18 Shareholders equity HUF (Bn) Solo (a) Consolidated (b) Difference (b - a) 21H H Change Table A19 Ratio of Doubtful and Bad items within the Balance Sheet (%) Solo (a) Consolidated (b) Difference (b - a) 21H H Change Table A2 Liabilities to Credit Institutes HUF (Bn) Solo (a) Consolidated (b) Difference (b / a) 21H % 211H % Change -12.6% -11.8% Table A21 Return on equity (ROE) (%) Solo (a) Consolidated (b) Difference (b - a) 21H H Change Table A22 Capital Adequacy Ratio (CAR) (%) Solo (a) Consolidated (b) Difference (b - a) 21H H Change Table A23 Capital Requirement HUF (Bn) Solo (a) Consolidated (b) Difference (b / a) 21H % 211H % Change -8.7% -7.1% Hungarian Financial Supervisory Authority Annex - 9

22 December 211 Risk report D Credit cooperatives Chart A57 Change in FX lending in the cooperatives sector Chart A58 Distribution of annualized ROA No. of inst. in FX lending FX assets/bs total (rsc.) Total FX loans (HUF bn) FX loans/all loans (rsc.) % 18% 16% 14% 12% 1% 8% 6% 4% 2% % Q3 211Q3 Chart A59 12 month Provision Expenditure (in % of loans) 3,5% 3,% 2,5% 2,% 1,5% 1,%,5%,% Non-financial Enterprises Households Chart A6 Ratio of bad and doubtful items within total portfolio 14% 12% 1% 8% 6% 4% 2% % Total NFE + SP loans classifiable balance sheet items Loans to households Total classifiable offbalance sheet items Chart A61 Interest bearing items (HUF Bn) Assets Liabilities Chart A62 Distribution of capital adequacy ratio by number of institutions after supervisory revision Q3 211Q3 Hungarian Financial Supervisory Authority Annex - 91

23 December 211 Risk report Chart A63 Distribution of Internal Capital Surplus Nr. of Insitutions Regulatory Capital (Bn HUF) Table A24 Population and size of the credit cooperatives sector Number Balance sheet total of banks (HUF Bn) Growth of BS total (yoy) 1.6% 6.7% 9.5% 8.2% 4.1% 1.8% 3.% Table A25 Breakdown of liabilities between the main items Total liabilities and Shareholders' equity (HUF Bn) % 1.8% -14.8% Deposits % 2.7% -98.7% Deposits from monetary fin. Institutions (MFIs) % -5.2% 68.9% Borrowings % -9.9% -1.% Other liabilities % 342.6% 342.2% Shareholders' equity % 5.% 5.1% Table A26 Breakdown of assets Total assets (HUF Bn) % 1.8% 3.% Cash and settlement account % 2.7% 18.8% Securities % 14.4% 1.6% Central bank and interbank deposits % -7.9% 3.6% Loans % -2.8% -2.8% Property interests % 1.7% -1.2% Other assets % 6.6% 5.2% Hungarian Financial Supervisory Authority Annex - 92

24 December 211 Risk report Table A27 Breakdown of loans Loans (HUF Bn) % -1.6% -1.7% - Non-financial enterprises and sole % 3.4% 2.4% proprietorships - Loans to households % -9.4% -8.5% - Housing loans % -7.8% -6.4% -Other mortgage % 11.3% 18.3% - Other % -2.7% -23.2% Table A28 Needed and available provisions for losses in the cooperatives sector Total claims (HUF Bn) Claims in arrears per total claims Current 81.8% 82.1% 81.41% 82.28% 82.61% 79.8% 77.52% 77.5% Renegotiated 1.44% 1.28% 1.12% 1.34% 1.38% 1.17% 1.25% 1.6% -3 days 8.46% 7.1% 8.17% 6.96% 7.14% 7.76% 8.94% 8.85% 31-9 days 1.9% 3.4% 1.95% 1.83% 1.75% 3.45% 2.64% 1.83% days 3.39% 2.88% 3.92% 3.89% 3.33% 3.49% 3.95% 4.29% Over 1 year 3.1% 3.24% 3.43% 3.7% 3.79% 5.5% 5.7% 5.93% Claims in arrears* (HUF Bn) Current Renegotiated days days days Over 1 year ) Calculated loss per total claims 7.9% 8.% 8.6% 8.6% 8.4% 1.3% 11.3% 11.6% 2) Provisions on B/S items to be qualified per total claims 3.8% 3.7% 3.7% 3.8% 3.9% 3.9% 4.2% 4.2% Coverage ratio of provisions 2)/1) 47.6% 46.1% 43.5% 44.6% 47.2% 38.1% 37.% 36.3% Hungarian Financial Supervisory Authority Annex - 93

25 December 211 Risk report E Financial enterprises Chart A64 Maturity profile Chart A65 Liabilities breakdown of financial enterprises (end-24 exchange rate, HUF Bn) 1% 8% 6% 4% 2% % -1 yr 1-3 yr 3-5 yr 5 yr + Claims in FX Claims in HUF Liabilities to Banks Other Chart A66 FX position (in percentage of balance sheet) Chart A67 Maturity mismatch (net, cumulated, HUF Bn) Off Balance In Balance % -1% -2% -3% -4% -5% -6% -7% -8% Q Q3 Chart A68 Earnings of the financial enterprises (previous 12 month, HUF Bn) *Profit making in the current period Profit of the profit making* enterprises Loss of the loss making enterprises Earnings of the sector Hungarian Financial Supervisory Authority Annex - 94

26 December 211 Risk report Table A29 Gross claims on clients 21Q1 21Q2 21Q3 21Q4 211Q1 211Q2 Total, end of period (HUF Bn) Annual growth -17.5%.5%.3% -.4% -6.6% -11.4% Share of credit market* 11.8% 11.8% 11.9% 11.7% 11.5% 11.6% *client claims in percentage of credit market claims Table A3 Number of institutions dealing with given activity 26 27H H H H H1 All financial enterprises Issuing credit Financial leasing Current factoring Work out factoring Other Note: If one is dealing with more activity, it appears multiple times. Table A31 Liquidity position HUF Bn Balance sheet Growth (yoy) Share of liquid assets Claims on clients Other assets % 4.1% 87.4% 8.5% % 4.% 87.9% 8.1% % 3.9% 88.2% 7.9% % 3.7% 88.2% 8.1% % 3.5% 87.4% 9.1% % 4.6% 85.3% 1.1% % 4.6% 87.1% 8.2% % 4.7% 85.5% 9.9% % 3.8% 87.3% 8.9% % 3.9% 87.6% 8.5% Table A32 Change of claims on clients 29Q4 21Q1 21Q2 21Q3 21Q4 211Q1 211Q2 211Q3 Total claims (gross. HUF Bn) Share of FX based items 81.3% 8.9% 8.1% 75.3% 75.4% 72.8% 71.4% 71.6% Growth of HUF portfolio (yoy) 2.2% 7.5% 22.1% 44.1% 3.9% 32.5% 27.8% 9.1% Adjusted growth of FX portfolio (yoy) -14.7% -12.9% -22.5% -24.2% -27.9% -26.8% -22.1% -22.8% Adjusted growth of entire portfolio (yoy) -11.9% -9.9% -15.2% -12.5% -16.9% -15.5% -12.2% -14.9% Hungarian Financial Supervisory Authority Annex - 95

27 December 211 Risk report Table A33 Breakdown of claims on clients (September 211) Distribution of claims on clients, gross Change* in share (percentage point) Corporate portfolio 41.9% -1.2% Car 7.% -.5% Commercial vehicle 12.1%.1% Property 1.3%.2% Capital goods 6.6% -.4% Other 5.9% -.6% Household portfolio 52.3% 2.7% Car 29.9% -1.% Personal loan 3.1%.% General purpose 1.7% -.2% Commodity credit.1%.% Other consumer credit 3.7%.5% Mortgage 11.9% 3.2% Other 1.8%.2% Sole trader 3.7% -.3% Other 2.1% -1.2% *since September 21 Table A34 Vehicle financing Claims from vehicle financing (gross. HUF Bn) Share of corporate portfolio 39.6% 39.4% 39.3% 37.1% 36.2% 36.4% 37.2% 37.5% Share of retail portfolio 59.7% 6.2% 6.% 62.2% 62.9% 63.4% 62.5% 62.2% Share of FX based items Total claims 89.3% 9.8% 9.9% 89.7% 88.2% 83.2% 78.% 77.3% Corporate 81.2% 84.4% 86.2% 84.9% 84.% 78.4% 73.9% 73.3% Retail 95.5% 95.5% 94.7% 92.6% 91.4% 86.% 8.4% 79.7% FX-adjusted growth (yoy) Total Claims 11.% 3.8% -1.7% -18.9% -26.% -25.8% -16.8% -18.7% Corporate 17.5% 4.% -9.8% -23.5% -31.5% -26.7% -14.3% -17.3% Retail 7.3% 4.% -11.4% -16.1% -22.7% -24.7% -17.4% -19.5% Table A35 Capital adequacy Equity to balance sheet total 5.3% 6.1% 5.5% 5.5% 4.8% 5.8% 5.6% Growth of balance sheet total 26.9% 14.1% -11.1% -4.3% -4.1% -14.4% -8.1% ROE* 13.5% 2.2% -7.5% -17.4% -27.3% -19.9% -26.4% Net capital inflow -5.2% -1.8% 16.2% 6.2% 11.3% 1.3% 12.4% Growth of equity.7% -8.2% -7.9% -13.3% -15.9% -9.6% -14.% * in the previous 12 months Hungarian Financial Supervisory Authority Annex - 96

28 December 211 Risk report Table A36 Property financing Claims from property financing (gross, HUF Bn) Share of corporate portfolio 58.5% 57.6% 55.3% 52.5% 5.7% 47.9% 44.8% Share of retail portfolio 37.7% 38.6% 4.9% 44.3% 46.1% 48.7% 52.% Other 3.8% 3.8% 3.9% 3.2% 3.2% 3.4% 3.2% Share of FX based items Total claims 9.1% 9.4% 89.8% 9.% 83.4% 79.8% 8.7% Corporate 96.% 97.3% 97.6% 97.5% 85.1% 79.5% 81.2% Retail 89.% 87.7% 86.5% 86.9% 86.3% 84.8% 84.3% Other 11.2% 12.9% 14.6% 9.7% 14.1% 13.6% 14.9% FX-adjusted growth (yoy) Total claims 27.2% 25.6%.2% -6.8% -2.7% -.5%.5% Corporate 37.4% 24.9% -5.5% -17.7% -13.9% -9.6% -14.1% Retail 32.7% 3.6% 8.9% 9.5% 12.7% 9.7% 16.9% Other -45.9% -1.2% 3.% 7.7% 1.% 6.4% 12.8% Hungarian Financial Supervisory Authority Annex - 97

29 December 211 Risk report F Insurers Table A37 Number of insurance undertakings Chart A69 Concentration of insurance market (%) 1% Insurance companies Mutuals Branch offices % 6% 4% 2% % the 3 greatest premiumincome Note: by gross written premium the 5 greatest premiumincome Life the 1 greatest premiumincome the 3 greatest premiumincome the 5 greatest premiumincome Non-life the 1 greatest premiumincome Chart A7 Lapses and surrenders (non-ul life insurance) Chart A71 Lapses and surrenders (UL life insurance) 2.5% Exemption from payment Expiration Surrender Lapse 2.5% Exemption from payment Expiration Surrender Lapse 2.% 2.% 1.5% 1.5% 1.% 1.%.5%.5%.% Q1 27 Q4 27 Q3 28 Q2 29 Q1 21 Q4 21 Q3 211 Note: regular premium contracts.% Q1 27 Q4 27 Q3 28 Q2 29 Q1 21 Q4 21 Q3 211 Note: regular premium contracts Chart A72 Passive reinsurance(life; HUF Bn) Chart A73 Passive reinsurance(non-life; HUF Bn) Note: regular premium contracts Result of passive reinsurance (right scale) Premium ceded for reinsurance Income received from reinsurance Note: regular premium contracts Result of passive reinsurance (right scale) Premium ceded for reinsurance Income received from reinsurance Hungarian Financial Supervisory Authority Annex - 98

30 December 211 Risk report Chart A74 Life insurance quarterly payouts (HUF Bn; Q1 29 Q3 211) Chart A75 Profit after tax (HUF Bn) UL Non-UL UL Non-UL Expiration Surrenders Profit of insurance undertakings Loss of insurance undertakings * 211 Note: 21* = 21 excluding windfall tax Chart A76 Dividends in insurance sector (HUF Bn) Chart A77 Change in solvency ratio ( ) Profit after tax Dividends % 9% 8% 7% 6% 5% 4% 3% 2% 1% % Increase Decrease Hungarian Financial Supervisory Authority Annex - 99

31 December 211 Risk report Table A38 Gross written premiums of insurers Life insurance (excl. unitlinked) Premium-incomes (HUF Mn) Annual growth (yoy, %) Breakdown (%) % -5.9% -5.1% 19.6% 18.1% 17.2% of that: Term life % 16.1% 17.3% 1.9% 2.1% 2.2% Endowment % -9.4% -8.6% 12.4% 11.% 1.3% Term fix % -1.5% -6.2% 1.8% 1.6% 1.4% Other life insurance % -3.% -5.4% 3.6% 3.4% 3.3% Unit-linked insurance % 16.7% 2.4% 3.7% 35.1% 35.7% Non-life insurance % -3.8% -5.5% 49.7% 46.8% 47.1% of that: Accident % 1.% 36.7% 1.4% 1.5% 2.1% Sickness %.1% -27.4%.9%.9%.8% Motor vehicle (Casco) % -8.3% -12.7% 1.9% 9.7% 8.9% MTPL % -9.2% -19.8% 15.7% 14.% 12.1% Fire and natural disasters % 1.5% 5.6% 9.8% 9.7% 11.1% Other property insurances % 2.8% 4.2% 6.9% 7.% 7.8% General liability % -5.4% 2.6% 2.2% 2.1% 2.3% Total % 2.1% -2.8% 1.% 1.% 1.% Table A39 Claims of insurers Claims (HUF Mn) Annual growth (yoy, %) Breakdown (%) Life insurance (excl. UL) % -8.7% -1.8% 32.1% 25.3% 26.1% of that: Term life % -18.8% 31.5% 1.%.7% 1.% Endowment % -8.6% -.3% 22.9% 18.1% 18.9% Term fix % -12.8% -11.5% 4.2% 3.2% 2.9% Other life insurance % -2.3% -8.%.%.%.% Unit-linked insurance % 48.9% 6.5% 27.5% 35.4% 39.5% Non-life insurance % 12.4% -16.2% 4.4% 39.2% 34.4% of that: Accident % 5.8% 16.4%.7%.6%.8% Sickness % -4.8% -24.%.4%.4%.3% Motor vehicle (Casco) % -4.9% -3.2% 11.2% 9.2% 9.3% MTPL % -7.7% -7.5% 14.9% 11.9% 11.5% Fire and natural disasters % 79.% -34.4% 5.6% 8.7% 5.9% Other property insurances % 57.1% -36.2% 4.9% 6.7% 4.5% General liability % -3.8% 8.1%.9%.7%.8% Total % 15.7% -4.5% 1.% 1.% 1.% Hungarian Financial Supervisory Authority Annex - 1

32 December 211 Risk report Table A4 Gross written premiums of insurers Premium-incomes (HUF Mn) Annual growth (yoy, %) Breakdown (%) Life insurance (excl. unit-linked) % -2.1% -5.1% 19.% 17.6% 17.2% of that: Term life % -1.7% 17.3% 2.% 1.8% 2.2% Endowment % -.9% -8.6% 11.6% 1.9% 1.3% Term fix % -13.7% -6.2% 1.7% 1.4% 1.4% Other life % -.5% -5.4%.%.%.% Unit-linked insurance % 27.9% 2.4% 28.% 33.9% 35.7% Non-life insurance % -3.5% -5.5% 53.% 48.5% 47.1% of that: Accident % 7.3% 36.7% 1.5% 1.5% 2.1% Sickness % 3.8% -27.4% 1.% 1.%.8% Motor vehicle (Casco) % -8.3% -12.7% 11.4% 9.9% 8.9% MTPL % -8.% -19.8% 16.8% 14.6% 12.1% Fire and natural disasters % 1.9% 5.6% 1.6% 1.2% 11.1% Other property insurances % 3.5% 4.2% 7.4% 7.2% 7.8% General liability % -9.1% 2.6% 2.5% 2.2% 2.3% Total % 5.5% -2.8% 1.% 1.% 1.% Table A41 Costs of insurers ( 211) Life of that: Unit linked Non-life of that: MTPL Total Volume (HUF Mn) Initial costs Administrative costs Claim expenses Investment costs Total Annual growth (yoy) Initial costs 6.1% 14.3% -1.4% -17.4% 2.% Administrative costs 18.6% 35.3% -4.4% -9.1% 5.5% Claim expenses 12.4% 4.2% -8.9% -8.9% -7.7% Investment costs.5% 16.7% -8.7% 1.7% -3.1% Total 1.% 2.2% -3.5% -12.4% 2.1% Hungarian Financial Supervisory Authority Annex - 11