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A survey by Creditreform-Interinfo, shows that the rate of bankruptcy, including liquidation procedures called by creditors, was about (more…)
The Hungarian subsidiaries of Euler Hermes, a provider of credit insurance and manager of trade receivables, achieved consolidated after-tax profit…
#Atradius#exports#management
HVB Bank Hungary announced it has extended its agreement with the European Investment Fund (EIF) (more…)
#bank#EIF#guarantees
Members of the Hungarian Factoring Association (MFSZ), which account for all factoring business in the country, had combined revenue of…
Small businesses are being offered better terms under the state-sponsored (more…)
#bank#economy#interest
A guarantor of credit to SMEs will expand its activities to include guarantees on factoring and leasing transactions as well…
Companies operating in Hungary have various means of financing their operations, though the options are rather limited compared with those…
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…
Erste Bank Hungary Rt (EBH) has signed for a 30m loan from the Council of Europe Development Bank (CEB) to…
Half of Hungary's small- and medium-sized enterprises (SMEs) say late payments between companies are becoming more common, while just 10%…
Confidence of small- and medium-sized businesses (SMES) deteriorates slightly in September, according to a survey by Ecostat. Ecostat's SME confidence index…