Erste can strengthen micro-enterprises out of the crisis

By: Trademagazin editor Date: 2020. 06. 25. 11:18

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The crisis caused by the corona virus has been handled much better than expected – Erdei Zsuzsa, Erste Bank’s head of small business said at the credit institution’s online press conference.

Analysts previously expected the small business sector to be the biggest victim of the coronavirus pandemic. However, according to Erste’s account turnover data, micro-enterprises have also suffered a relatively moderated decline in sectors where the revenues of larger enterprises have in many cases almost completely zeroed. (MTI)