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Erste Bank Hungary's factoring unit, Erste Faktor, had revenue in the first half of 2006, 70% over the target, the company announced. Erste Faktor, which was set up just a year ago, now controls (more…)
Fortis has confirmedthat it has finalised the acquisition of the two Hungarian sister leasing companies, Innotrade Leasing Rt. and Takleasing…
Ecostat's TOP-100 index, a measure of confidence at Hungary's biggest hundred companies, fell to its lowest point in two years. Ecostat's…
Erste Bank Hungary announced it has raised registered capital at its factoring unit, Erste Faktor, by (more…)
The Hungarian Development Bank Rt (MFB) announced it would lower the rate on special state-subsidised loans for businesses available under…
The number of legal cases brought by Hungarian companies trying to collect overdue receivables increased by (more…)
#bankruptcy#receivables#risk
International ratings agency Coface has cut the liquidity rating of Hungarian companies from A2 minus to A3, (more…)
#international#liquidity#risk
Ecostat's SME confidence index slipped to 47.2 per cent in June from 51 per cent in May (more…)
Changes made last year to Hungary's Bankruptcy Act will come into effect on 1 July. The amendments will make it…
#bankruptcy#management#WHO
A new factoring company, founded by two individuals with several years' experience in the field, has recently been approved by…
The Hungarian Factoring Association announced that Hungary's stock of factored receivables increased to (more…)
Market research company Ecostat's small- and medium-sized enterprise (SME) confidence index measured 51% in May (more…)
The Economy Ministry has re-launched the factoring programme called Lanchid (meaning Chain Bridge), with modified conditions (more…)