The number of corporate bank cards is increasing
The number of business bank cards issued in Hungary has increased dramatically over the past two years, while the total market has virtually stagnated in terms of the number of units – Világgazdaság Online wrote. In addition, there is room for further growth as there are still hundreds of thousands of companies and other organizations that do not use a card to manage their finances.
The market of business bank cards in Hungary has started to grow steadily over the past two years, while at the end of 2014 there were 484 thousand plastics used by businesses and other organizations in the country, this figure rose to 544.1 thousand by the end of the first quarter of 2017. (vg.hu, Barát Mihály)
Related news
MNB Director: The central bank expects 4.7 percent annual inflation this year
Inflation is expected to exceed the central bank’s tolerance band…
Read more >Bankmonitor: More than 19,000 billion HUF is lying unsecured with Hungarians
According to MNB statistics, Hungarians held 19,236.1 billion forints in…
Read more >ESG questionnaire from July for companies requesting large loans
From 1 July 2025 a new ESG reporting obligation will…
Read more >Related news
The wallet sets the limits to consumer awareness
Consumers want to buy healthy, sustainable, and affordable ingredients and…
Read more >Expensive snacks – you have to dig deeper into your wallet for meat
Despite the fact that pork remains popular among Hungarian consumers,…
Read more >Global Minimum Tax: American corporate groups may be permanently exempt from regulation
There have been exciting developments in the recent period regarding…
Read more >