Ownership by and expected extraordinary support from integrated savings cooperatives if needed. Stronger funding and liquidity profile than the Hungarian banking system average, as the central clearer for the savings cooperatives sector. Better asset quality indicators than the Hungarian banking system average. Small absolute size. Weak operating conditions in Hungary. Low capitalization. Very weak profitability. Standard&Poor's Ratings Services' outlook on Hungary-based Magyar Takarekszovetkezeti Bank ZRt. (Takarekbank) is stable, reflecting its expectation that the business and financial profiles of both the bank and its majority owner, the integrated savings cooperatives, will remain largely unchanged over the next 12 months. We also expect Takarekbank and the savings cooperatives continue to show above-average resilience to the challenging operating environment for banks
