Budapest Bank: nearly third of the domestic SMEs plans to invest this year

By: Trademagazin editor Date: 2019. 07. 04. 11:08

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The majority of SMEs expect growth in both revenue and profit this year – according to Budapest Bank’s survey conducted among 300 CEOs.

Investments are planned by nearly one third of the interviewed executives this year, averaging 45 million forints. 73 percent of this would be financed by own resources, and one in five CEOs would need a loan to develop their business. In the latter case, the interest rate and the possibility of fixing it are the two most important aspects.