Companies’ willingness to pay increased

The companies’ willingness to pay has improved. Invoices are offset more quickly, and less bad debts occur in cross-company sales, compared to last year, according to the survey of Atradius.

According to the communication of the credit and debtor company, a significantly lower amount of almost 30 percent less debit is affected by late payment, compared to last year, which is the lowest in the region. According to the analysis of the Payment Practices Barometer of Atradius, late payment occurs in nearly three-quarters of the domestic trade and nearly 60 percent of foreign sales in Hungary. In Eastern Europe, these rates are close to 90 and 80 percent. (MTI)