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Hungary

Leasing activities boost leading bank’s nine-month bottom lines

Leasing is a growing activity and has helped leading banks compensate for continuously shrivelling lending margins, according to recently released figures. The Hungarian Leasing Association’s 44 members financed purchases to a combined total of 740 billion Forint (Ft) (Ђ2.87 billion)...

#bank#banks#Boost

Canada and Hungary sign agreement to cooperate on exports

Deputy chairman in charge of international markets at Export Development Canada (EDC) Henri Souquieres, head of the Central Europe department…

#exports#international#management


Changes in Hungary’s venture capital scene

The president of the Hungarian Venture Capital and Private Equity Association (HVCA) Juliбn Tzvetkov, says he expects fundamental changes in…

#bank#banks#conference


Venture capital investments rise

Venture capital and private equity transactions have so far totaled Ђ113 million in 2003, according to figures released by the…


EIB loans will aid SMEs

With EU accession looming, the European Investment Bank (EIB), the Union's development bank, has been busy extending loans to Hungary…


Only one bidder for Konzumbank

The sole offer for Konzumbank, made by the Hungarian Foreign Trade Bank Rt (MKB), was unanimously accepted by the board…

#bank#interest#smes


EBRD adopts new strategy for Hungary, includes significant support...

The European Bank for Reconstruction and Development (EBRD) has adopted a new strategy to support the strengthening of Hungary's economy…


EBRD to invest 300 million in Hungary this year

The European Bank for Reconstruction and Development (EBRD) will invest a total of Ђ300m in Hungary this year, according to…

#bank#conference#export credit insurance


BVK and AKKORD VF launch subsidised factoring programme

A new business-development financing programme for micro and small companies has been launched by the Budapest Foundation for Enterprise Promotion…


Foreign investment; Germany, the US and France lead the...

A total of 250 large and medium-sized French companies have so far invested Ђ2.8bn in Hungary. As EU accession approaches,…


KMPG survey of CEE countries reveals low corporate tax...

Hungary may be the most attractive in the regional contest to provide the lowest corporate tax rates, according to a…


Informal talks started concerning ERM II membership

According to the governor of the Hungarian National Bank (MNB), the MNB and the European Central Bank (ECB) have started…

Lбnchнd Factoring Programme launched by Ministry of Economic Affairs...

The Lбnchнd (meaning chain bridge) Factoring Programme, a new subsidy scheme created by the Ministry of Economic Affairs and Transport,…

#banks#BCR Publishing#i

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