Hungarian companies are still crediting their customers at a record level
The proportion of deferred payments in domestic commerce (B2B) decreased, however, while the duration for invoicing and the number of bad debts increased.
According to the Atradius Credit Provider’s Barometer of Payment Practices, Hungarian companies are still willing to sell for loans in Eastern Europe (57.6 percent), and the late payment is still the lowest in Hungary (26.7 percent). The survey was conducted by Atradius analysts on responses from more than 1,400 Hungarian and Eastern European companies.
Related news
Mihály Varga: the sovereignty of the Hungarian economy and the domestic food industry must be strengthened
The future of Europe can be secured with equal, sovereign…
Read more >The domestic economy grew by 1.1% in the first quarter
In the first quarter of this year, the performance of…
Read more >Related news
Online price monitoring may expand
In order to protect families, keep inflation low and strengthen…
Read more >Interest discount on green loans
The popular green home loan will be even more favorable…
Read more >Recent survey: Fear of rejection is crippling businesses
A recent survey found that 33 percent of businesses cite…
Read more >