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 inTheory, methodology, practice Vol. 11; no. 1; pp. 11 - 24
Main Author Thai Binh, Dang
Format Journal Article
LanguageEnglish
Published Miskolc University of Miskolc 01.01.2015
Subjects
bank
Banks
Case studies
Commercial credit
credit guarantee
Economic development
Economic growth
Economic impact
garantiqa
GDP
Gross Domestic Product
Guarantees
Small business
smes
Statistical analysis
Hungary
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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