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The Hungarian units of Europe's biggest tyre maker, Michelin, has started up the Economical Development Kht fund with the aim of helping small- and medium-sized enterprises (SMEs) and job creation. The company itself is providing 250 new places in Nyнregyhбza...
Citibank is starting a campaign to attract SMEs, managing director Janos Horvath announced. The bank aims to boost both its…
#bank#guarantees#liquidity
The Monetary Council of the Hungarian National Bank (MNB) cut its benchmark interest rate by 75 basis points to 8.25%…
OTP Bank Rt announced which special bank tax each of its subsidiaries will choose to pay this year. Under an…
Coface's Austrian subsidiary, OKV Coface has opened a credit insurance branch in Hungary -Coface Hungary. After successfully setting up operations…
Zoltбn Bodnбr is the new CEO of state-owned foreign trade financer Hungarian Export-Import Bank Rt (Eximbank). Istvбn Csillag, the former…
#bank#economy#trade
The Monetary Council of the National Bank of Hungary (MNB) cut its benchmark interest rate from 9.5% to 9%. The…
#bank#interest#interest rate
Awareness of corporate credit insurance is expected to change Hungarian businesses' debt-paying morals and even boost the economy, according to…
The London-based European Bank for Reconstruction and Development (EBRD) will extend its joint EU financing programme in Hungary by providing…
#bank#European Commission#leasing
Hungary’s Export-Import Bank (Eximbank) Rt and its Russian counterpart Rosseximbank, along with Hungarian export insurer MEHIB Rt, have signed a…
#bank#Two
The state-owned Hungarian Development Bank (MFB) will make another HUF 100bn in low-cost loans available to small businesses and local…
#bank#investments#risk
Hungarian subsidiaries of Euler Hermes, a big provider of credit insurance and manager of trade receivables, expects to end the…
A new venture capital fund, called Novum Hungary Growth Fund, will start operation in the end of the first quarter…
#bank#European Investment Fund#financial institution