Széchenyi Card: 7.6 billion debt, from 750 billion

By: trademagazin Date: 2010. 05. 21. 00:01

The Hungarian companies has reached 750 billion HUF credit line through the Széchenyi card system.

Currently 1600 companies are on the black list, but the bankruptcy rate is relatively low.
The total debt is more than 7.6 billion HUF, 4.67 million HUF per companies.
On the current list, there are companies which have already been there for five years now, but there are also companies, that were blacklisted last year or this year. The "bankruptcy rate" is still below 5 percent, which is relatively good – reports Origo.



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