Karoly Martinko of Magyar Factor presents the latyest analysis of the Hungarian market
Market Performance and Supply Although the Hungarian factoring market can trace its origins back some ten years, pre-1998 industry data is unreliable. Prior to 1998 the generally accepted view is that Hungary’s infant factoring industry over-expanded in the early 1990’s, came unstuck during and after the country’s 1995 ‘debt crisis’ and was reborn again in 1997. In its re-incarnated form, factoring in Hungary is some three years old and still in its infancy. Table 2 traces the development of the industry since 1998.
All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.
