As a result of the previous fruitful year seen on the government security market, the assets of NDIF available for indemnification increased to HUF 76.6 billion by the end of 2012. The Fund’s HUF 86.8billion portfolio of one year earlier was reduced by HUF 33 billion paid out to the depositors of liquidated ‘Soltvadkert’ Savings Co-operative Bank; however, the HUF 23.5 billionannual revenue generated last year considerably compensated for this shrinkage of assets. NDIF’s retained earnings amounted to HUF 3 billion, i.e. three times the figure seen in 2011.
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