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Hungary

MFB approves loans worth Ft 270bn this year

The state-owned Hungarian Development Bank Zrt (MFB) approved loans worth more than Ft270bn by early December, the bank's management announced. Never before have Hungarian businesses and (more…)

#bank#investments#management

Coface expects government austerity measures to boost credit

The Hungarian unit of Coface expects credit risk in Hungary to increase in 2007 as a result of the government's…


Intrum Justitia expects revenue of HUF 1.5bn

Intrum Justitia plans to close 2006 with revenue of more than HUF 1.5bn, the company announced. Intrum Justitia managing director…


Hitelgarancia reaches annual goals

State loan guarantee agency Hitelgarancia Zrt has met its full year guarantee taking target. Guarantees were issued in total value…


SME business confidence index improved in October

The business confidence index for small- and medium-sized enterprises (SMEs) was 40.4%, up by 4 percentage points in October (more…)

#economy#international#smes


Monetary Council raises base rate

The Monetary Council of the National Bank of Hungary (NBH) has raised the central bank base rate (more…)

#bank#Two


Government urges subsidised loans, not grants, for SMEs

The government believes development subsidies for small- and medium-sized enterprises (SMEs) should come mainly in the form of preferential loans…

#funding#risks#smes


Atradius ends spectacular H1

The Hungarian arm of Atradius Credit Insurance N.V. has registered revenues in the first six months of the year of…

#Atradius#insurance


Worsening economic outlook knocks SME confidence

Sentiment among Hungarian small- and medium-sized enterprise managers deteriorated in Q3 2006, because of a worsening assessment of the country's…


Coface releases company bankruptcy report

According to Mikael C. Szabo, head of the Hungarian unit of French credit insurance company Coface, in the period January…


SME confidence improves in August – Ecostat

Confidence at Hungary's biggest companies slipped slightly in August, but improved at small- and medium-sized enterprises (more…)

#smes


Central bank raises base rate

The Monetary Council of the National Bank of Hungary (MNB) raised the base rate by (more…)

#bank#inflation

Hitelgarancia stock of factoring guarantees reaches HUF 1bn

The stock of guarantees on factoring contracts by Hitelgarancia, a majority state-owned guarantor of credit for small- and medium-sized enterprises…

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