Széchenyi Card in numbers
The programme was launched in 2002 and after 160,000 applications 120,000 have been handed out so far. SMEs usually apply for HUF 5 million or smaller loans. More and more enterprises have problems with paying off the loans: so far 3.5 percent of cards failed (Garantiqa Hitelgarancia Zrt. had to pay HUF 18 billion as a state guarantor); the names of non-payers are published. At the moment, Széchenyi Card is available in more than 300 places of 200 settlements all over Hungary.
Related news
More related news >
Related news
Sharp price competition and challenges in the Hungarian food industry
Serious price competition has developed on the Hungarian food market,…
Read more >Hungarian customers want a stress-free Christmas: they shop online in advance and spend over HUF 100,000 on gifts
Hungarians plan to spend more than HUF 100,000 on Christmas…
Read more >The rise in food prices has fallen, and no significant increase in prices is expected until the end of the year
In the past two years, consumers in Hungary experienced a…
Read more >