Trademagazin > News and articles > Market News > Garantiqa: Hungary is at the forefront of corporate loan guarantees in Europe
Garantiqa: Hungary is at the forefront of corporate loan guarantees in Europe
Hungary ranks second in Europe in the application of guarantee schemes for corporate loans – Garantiqa Hitelgarancia Zrt. (Garantiqa), part of the MFB Group, told MTI based on the latest summary of the European Association of Guarantee Organizations (AECM), which presents the results of the European guarantee markets in 2019.
The AECM regularly measures the size of the guarantee portfolio in European countries in a given year. According to 2019 data, Turkey is in the lead with 5.1 percent, Hungary is in second place with 2.1 percent, followed by Portugal with 1.8 percent. (MTI)
Related news
MFB: you can now apply for the interest-free, EU-funded investment loan
From Tuesday, enterprises can apply for the interest-free investment loan…
Read more >MFB launches three new loan programs for SMEs
The Hungarian Development Bank (MFB) Zrt. announces three new loan…
Read more >The ITM will present the details of the adopted SME strategy on 5 November
The ministry has drawn up an SME strategy prepared by…
Read more >
More related news >
Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >