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The Hungarian factoring industry developed dynamically in 2022, and the total turnover exceeded HUF 4.818bn, which represents a 22 per cent increase compared to the result in 2021, according to Csáki Ferenc, Corporate International Coordination Manager, OTP Bank Plc., Hungary, in his article included...
#Ferenc Csaki#OTP Bank
Hungary in 2020, like other countries, was deeply affected by the COVID pandemic, says Ferenc Csáki, Head of Department, OTP Bank Plc.,…
#Ferenc Csaki#OTP Bank#World Factoring Yearbook
Hungary’s comprehensive online invoicing system has been operating seamlessly since its introduction in July 2018 and has contributed to a…
#digital#economy#invoice
Factoring is an increasingly popular product of banks... (more…)
#bank#factoring regulation#payment terms
Hungary’s state-owned export-import bank has agreed to credit facility investments totalling €331m with 13 financial institutions in the country. The…
#bank#exports#international
Last year, the EIB Group signed loans worth €700m with Hungary to promote SMEs, urban development and competitiveness. The financial support…
#bank#conference#EIF
Hungary’s factoring activity will be increased this year as... (more…)
#bank#economy#smes
Factoring turnover in Hungary rose by 39% in the first half of 2016 compared to the corresponding period of 2015,…
#non-recourse factoring#Paid#recourse factoring
Figures for whole of 2014 and first quarter of 2015 revealed (more…)
#factoring statistics#import factoring#international
Hungarian bank acquires factoring company with 2.6 per cent market share (more…)
#acquisition#bank#Two
Hungarian lenders outstanding stock of forint (Hungarian currency) loans to non-financial companies fell further in June, indicating that the effect…
#bank#Boost#interest
Funding for Growth Scheme has enjoyed SME attention. (more…)
#bank#Raiffeisen#Raiffeisen Bank
Hungary's SME sector has been stagnant since at least 2005 in terms of the number of enterprises and employment, the…
#Access to Finance#European Commission#small business