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Hungary

Hitelgarancia raises guarantee limit from SMEs

Hitelgarancia has increased its per-contract limit for SME guarantees to HUF 2.5bn. (more…)

#guarantee#guarantees#smes

IFG International Factoring Foundation Course

This course takes place from 23-26 October 2007 for middle and senior managers on all strategic and operational aspects of…


EIB provides euro 50m loan to CIB for SME...

Central-European International Bank has announced that the European Investment Bank will grant it a euro 50m long-term line of credit to help…


EU opens in-depth probe into Hungarian export-credit scheme

The European Commission said it has opened an in-depth probe into a planned scheme providing export credit guarantees to Hungarian SMEs…

#bank#guarantee#guarantees


Coface reports increased insolvency index in H1

The insolvency index rose by nearly a third in H1 2007. The construction industry and retail and wholesale trade remain the…


Hitelgarancia to provide new guarantees worth HUF164bn

State-owned credit guarantor Hitelgarancia signed new guarantee contracts worth HUF164bn increasing its portfolio to HUF315bn. (more…)


EIB to grant CIB EUR50m loan to finance SME's...

Central-European International Bank Ltd (CIB), has announced that the European Investment Bank (EIB) will grant it a EUR 50 million…


HUF 200bn in EU funding for Hungarian SMEs

Minister of Economy and Transportation Janos Koka said that Hungary will have access to HUF 1,500bn (EUR 5.92bn) in EU…

#funding#GDP#liquidity


Bankruptcy wave in the construction industry

The Hungarian construction industry is facing a steep downturn after the large boom of 2001-2005 created by the government  housing…


SMEs continue to improve in May

Sentiment at Hungary's SMEs continued to improve in May, following a trend started in February, according to the latest measure…


Euler Hermes Hungarian Claims Collection Kft appoints new general...

General manager of Euler Hermes Hungarian Claims Collection Kft András Kozma will be replaced by Krisztina Szigeti and Attila Gyorfi.…

#Commercial Credit#credit risk#management


2007 set to be record year for insolvency

A report by French-owned credit risk management company Coface suggests that 2007 could see a record number of companies going…

Mehib offers export insurance to SMEs with export revenue...

The Hungarian Export Insurance Bank (Mehib) has been given the go-ahead to offer export insurance to small- and medium-sized enterprises…

#bank#conference#insurance

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