Economic Impact of Credit Guarantee System – Hungarian Case Study

Economic Impact of Credit Guarantee System – Hungarian Case Study

This paper is a in-depth analysis and impact assessment of the credit guarantee system of Hungary. This study focuses mainly on the practice of Garantiqa Creditguarantee Closed Co. Ltd and evaluates and analyzes the impact of the credit guarantee on Hungarian economy in providing benefits tosmall an...

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Bibliographic Details
Published in:Theory, methodology, practice Vol. 11; no. 1
Main Author: Dang Thai Binh
Format: Journal Article
Language:English
Published: University of Miskolc 01-08-2015
Subjects:
bank
credit guarantee
Garantiqa
SMEs
Online Access:Get full text
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Summary:This paper is a in-depth analysis and impact assessment of the credit guarantee system of Hungary. This study focuses mainly on the practice of Garantiqa Creditguarantee Closed Co. Ltd and evaluates and analyzes the impact of the credit guarantee on Hungarian economy in providing benefits tosmall and medium sized enterprises (SMEs), which contributes to the economic development of Hungarythrough providing benefits to the banks. Based on a comparative analysis this study shows a positive impact on the Hungarian economy.
ISSN:1589-3413
2415-9883
DOI:10.18096/TMP.2015.01.02