Tag "Magyar Faktoring Szövetség"

Factoring providers achieved a 22 percent increase in turnover last year

Factoring service providers achieved a 22 percent increase in turnover in 2021, the Hungarian Factoring Association told MTI on Wednesday. It is explained that the estimated total value of receivables...

Read more

Dynamic growth expected in the Hungarian factoring market after a slight downturn

According to the first quarter 2021 statistics of the Hungarian Factoring Association, factored turnover increased by only 1%. However, based on the experience of Péntech, interest in digital factoring services...

Read more

Hungarian Factoring Association: the factoring market achieved good results despite the crisis

Despite the virus and the ensuing economic downturn, the first half of this year produced a surprisingly good result in the factoring market. Turnover increased by 20 percent compared to...

Read more

The factoring market broke records last year

The factoring market in Hungary has gained a record turnover last year, but unlike the tendency in the European Union, the share of the micro and small companies decreased from...

Read more