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 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 >
Hiventures launches new SME business
Hiventures, part of the MFB Group, launches a new small…
Read more >
More related news >
Related news
The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National…
Read more >
Grant Thornton survey: Flexibility and an inclusive work environment can help retain accountants
Not only recruitment, but also retention poses serious challenges to…
Read more >
Emmi acquires majority stake in Brazilian dairy producer from Coca-Cola
Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a…
Read more >
