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Companies operating in Hungary have various means of financing their operations, though the options are rather limited compared with those in Western Europe. Indirect financing or borrowing is used more than direct self-financing. The market for bank credit is dominated...
Hungary’s exports continue to be driven by machinery and industrial products sent primarily to the European Union. Exports declined 3.1%…
By Márton Nagygyörgy (Senior Manager of Daewoo Bank (Hungary) Ltd) and Károly Martinkó (Chairman-CEO of Magyar Factor Ltd) Introduction Factoring…
Market Performance and Supply Although the Hungarian factoring market can trace its origins back some ten years, pre-1998 industry data…
Mounting banking sector problems At the onset of transition the Czech economy already had a higher level of financial intermediation…
Czech membership in the European Union (EU) will profoundly change the legal landscape for business, mainly because decisions taken in…
by Hynek Rasocha, Èescob Credit Insurance, with the co-operation of Tomas Moravek, OB Heller Factors and credit insurers in the…
Market Performance and Supply It is difficult to compile statistics for the development of factoring in the Czech Republic, because…
Market Performance and Supply Although factoring remains a relatively new and unknown product, considerable changes can already be detected in…
#bank#international#invoice
Despite suggestions it could go another way, the recently appointed Finance Minister, Sebastian Vladescu, announced last Monday that VAT is...…
The value of invoices bought by the members of the Conference for Factoring Institutions (KIF) exceeded... (more…)
#bank#conference#ING
Turnover of factors, which are members of the Slovak Factoring Association (AFS) has increased by 30 per cent during H1…
#bank#Produce#receivables
SMEs are generally defined as having fewer than 250 employees and less than 50 million euros in annual... (more…)