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Yesterday the monetary council of the National Bank of Hungary left the central bank base rate, which equals the key two-week depo rate, unchanged at 9.50%. The council noted that the forint has continued to firm and returned to the...
A new Hungarian receivables finance company, AKKORD VF Venture Finance, has been launched by Dr Kбroly Martinkу. Until last January…
Following several weeks of fierce debate within the ruling coalition, the government has finalised its proposal for tax changes in…
Osterreichische Volksbanken AG (OVAG) will grant a ten-year Ђ10m subordinated loan to its Hungarian subsidiary, financed by a loan from…
Foreign direct investment (FDI) inflows into the transition economies of eastern Europe this year are expected to be similar to,…
#investment#investments#poland
The Cabinet approved plans on Wednesday (17 September) to reduce company profit tax by 2% to 16% and to raise…
Small- and medium-size enterprise (SME) confidence was down on the month according to the latest business confidence report of research…
Hungary is mostly ready for membership of the European Union (EU) in May next year, but government bureaucracy and a…
#conference#small businesses#smes
The government will supplement the loan programme of its Europe Plan with new programmes to aid small- and medium-sized enterprises…
The Hungarian banking sector's combined pre-tax profit rose 40.4% in the first quarter of this year to HUF 58.7 billion,…
As the first step in a process set to last several years, the government recently approved the main concept of…
The state-owned Hungarian Development Bank (MFB) plans loan programmes worth HUF 245 billion in 2003-2004, MFB CEO Janos Eros announced.…
#bank#guarantee#SME financing
Hungarian financial enterprises other than banks posted a significant improvement in profitability last year, while the quality of their portfolios…