Dynamic growth expected in the Hungarian factoring market after a slight downturn
According to the first quarter 2021 statistics of the Hungarian Factoring Association, factored turnover increased by only 1%. However, based on the experience of Péntech, interest in digital factoring services has already increased significantly after the economy has resumed.
Although the pandemic has led to a more subdued growth rate in the Hungarian factoring market than in recent years, the restart of the economy will certainly have a positive impact on this segment as well.
Related news
Factoring providers achieved a 22 percent increase in turnover last year
Factoring service providers achieved a 22 percent increase in turnover…
Read more >How have SMEs been affected in the last year and a half and what do CEOs expect after the relaunch?
Over the past year and a half, the pandemic has…
Read more >Hungarian Factoring Association: the factoring market achieved good results despite the crisis
Despite the virus and the ensuing economic downturn, the first…
Read more >Related news
GVH: The postponement of certain amendments to the Competition Act is justified
The Economic Competition Authority (GVH) agrees with the postponement of…
Read more >What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel…
Read more >Special foods ranking: 1. Diabetic, 2. Low-carb, 3. Lactose-free
Different special diets and foods are frequently discussed, and it…
Read more >