Erste Bank Hungary has added a factoring company to its subsidiaries, following approval by financial market regulator PSzAF, the bank announced on Thursday.
Hungarian National Bank’s (HNB) Monetary Council (MC) cut down the base rate by 25 basic points to 7.50%, HNB announced.
A new factoring and forfaiting company has been launched by Hнr Televнziу Rt owner Istvбn Tцrцcskei and Klбra Deбk, who headed CIB Faktor Rt until recently, according to an announcement in Magyar Tokepiac, the State Financial Institutions Superv
Hungary's credit insurance and receivables management market is worth about HUF 2.5bn, but should grow significantly, as Hungarian companies do more business with companies in other EU countries, according to Balazs Vanek, who heads the recently-o
The Hungarian units of Europe's biggest tyre maker, Michelin, has started up the Economical Development Kht fund with the aim of helping small- and medium-sized enterprises (SMEs) and job creation.