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While globally, business risk ratings in various segments of the world economy stabilized in the first quarter of this year, risk ratings in Hungary have been fairly volatile, according to a survey released last week by Coface Hungary Kft (more…)
Hungary's non-bank financial businesses, such as leasing and factoring companies, had combined pre-tax profit of (more…)
#bank#banks#interest
Business risk in Hungary's vehicle manufacturing industry has risen, because of intense competition and weak prospects for growth on the…
The number of insolvency procedures initiated against Hungarian companies has continually increased over the past few years a quite disturbing…
Hitelgarancia, a majority state-owned guarantor of loans to small- and medium-sized enterprises (SMEs), had retained earnings of (more…)
#guarantees#leasing#smes
The bank continued its expansion in the SME sector. SME client numbers rose from about 30,000 in 2004 to (more…)
#bank#international#SME lending
Financial consultancy Adossag Borze's Online Factoring Market saw the listing of receivables with a nominal value of HUF10.9bn (more…)
#banks#management#online factoring
State credit guarantee agency Hitelgarancia Zrt has signed an agreement regarding underwriting the companies' factoring funds for small- and medium-sized…
#bank#guarantee#smes
The government will also introduce guarantees, insurance and factoring services to assist (more…)
State credit guarantee agency Hitelgarancia Zrt has reduced the guarantee fees for a credit facility on state-supported preferential terms (more…)
The Hungarian office of Atradius Credit Insurance, one of the world's leading credit insurance companies, expects 2006 revenue to increase…
Fortis announced today that it has acquired 100% of the capital of two Hungarian leasing companies - which target mainly…
Over the past few years the credit volume of small- and medium-sized enterprises (SMEs) has soared. In 1999, SMEs had…
#smes#WHO