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The European Investment Bank (EIB) has provided a EUR100 million loan to the Hungarian Development Bank (MFB) to finance small and medium-sized investments and infrastructure projects promoted by SMEs, midcap companies and public sector promoters in Hungary. (more…)
#bank#economy#SME financing
Hungarian factor plans to achieve over EUR175 million in volume by 2017. (more…)
#bank#banks#liquidity
The Hungarian Factoring Association has released half a year market results: the first six months of 2012 international factoring turnover…
#exports#international#payment terms
CO-OP Hungary entered a strategic partnership with Granite Bank. (more…)
The Hungarian factoring market continued to slow down in the Q1 2012. (more…)
#bank#banks#international
The government of Hungary has agreed to establish a Trading House to support SME exports, citing a draft of a…
#bank#economy#exports
Ferenc Csaki, the president of the Hungarian Factoring Association (HFA) opposes to the draft of Civil Code on factoring. (more…)
In 2011 Hungarian factoring turnover grew 3.2 per cent, the Hungarian Factoring Association has reported. (more…)
Erste Bank Hungary (EBH) has bought out its partner in Magyar Factor, giving it 100 per cent of the factoring…
#acquisition#bank
Ferenc Csaki, CEO of Magyar Factoring, provides an overview of the factoring market in Switzerland, covering industry environment, market performance,…
#bank#exports#international
The Hungarian Competition Authority granted the Erste Group permission to gain control over Magyar (Hungarian) Factor Inc. (more…)
#acquisition#bank#international
The Hungarian Factoring Association is continuing its fight for the inclusion of factoring in the government s plans to support…
Erste Bank Hungary Zrt purchases 50 percent stake in Magyar Factor Zrt (more…)