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Hungary

MFB launches new HUF 2bn ( Ђ8,115.41) loan...

The Hungarian Development Bank (MFB) has signed a contract with Budapesti Vallalkozasfejlesztesi Kozalapitvany (BVK) subsidiary Enterprise '94 to launch the Mikrohitel Plusz credit programme for businesses in Budapest and Pest County. The programme will provide HUF 2bn (€8,115.41)  of finance...

Hungarian SMEs pessimistic about year ahead

Small- and medium-sized companies (SMEs) are pessimistic about the business climate in the next 12 monthsaccording to K&H (more…)

#funding#Paid#smes


Commerzbank focuses on SMEs

Commerzbank has announced the opening of the first of its ten planned branches in Hungary (more…)


New SME business support scheme draft proposal to be...

The Economy Ministry recently completed a draft proposal on a new enterprise development scheme (more…)


New ING subsidiary enters leasing market

The Hungarian ING Group has recently launched a new business branch. The activities of ING Lease Hungary encompass (more…)


Factoring to gain from amendment

The government is drafting an amendment that would allow companies to factor their debts owed to (more…)


Erste Bank launches factoring subsidiary

Erste Bank Hungary has added a factoring company to its subsidiaries, following approval by financial market regulator PSzAF, the bank…


National bank cuts base rate

The monetary council described the current inflation trends as (more…)

#bank#inflation#interest


Bp Bank offers new credit products for SMEs

Budapest Bank Rt's (Bp Bank’s) corporate division announced the introduction of new products targeted at small businesses with annual revenue…


Credit line for SMEs of Ft 25 bn

The Economy and Transport Ministry, the Hungarian Investment and Trade Development Kht (ITD Hungary) and the Hungarian Development Bank Rt…


HNB base rate cut

Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25 basic points to 7.50%, HNB announced.…


New factoring company launched

A new factoring and forfaiting company has been launched by Hнr Televнziу Rt owner Istvбn Tцrцcskei and Klбra Deбk, who…

Atradius sees growth ahead on credit insurance market

Hungary's credit insurance and receivables management market is worth about HUF 2.5bn, but should grow significantly, as Hungarian companies do…

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