NB: Please note that SACP details above relate to the group credit profile of Savings Cooperatives Group Hungary. Benefits from integration into the Savings Cooperative Group Hungary (the group), and a joint protection scheme for all member banks. Economy upswing and governmental lending programs create a supportive environment for the group's transformation. The group's sizable balance sheet liquidity. Despite material success up to date, the group's transformation remains an operational challenge. Weak capacity to generate internal capital because of low profitability and poor cost efficiency, which are improving, but are not yet sufficient to support the group over the cycle. Losses and strong growth have depleted the capital buffer, which is unlikely to recover materially in the medium term. The
