FRANKFURT (S&P Global Ratings) Feb. 17, 2020--Following a recent review of the Banking Industry Country Risk Assessment (BICRA) for Hungary, S&P Global Ratings revised its economic risk trend to positive from stable. The potential materialization of the positive trend, which would result in a stronger economic risk assessment, would not change Hungary's BICRA group score or its anchor (currently 'bbb-'). In addition, the trend revision has no ratings impact on Hungarian banks. The positive trend reflects Hungary's strong medium-term economic growth prospects. Over 2018-2019 the Hungarian economy expanded about 5%, outperforming the EU average by a few percentage points, reflecting the strength of domestic demand, resilient exports, and supportive policies. Absent an external shock, we forecast Hungary's economy will expand
