MFB gets EUR100m EIB loan for SME financing

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.

International factoring up by 36pc

The Hungarian Factoring Association has released half a year market results: the first six months of 2012 international factoring turnover was up by 36pc.