THE IMPACT OF CREDIT GUARANTEE SYSTEM ON HUNGARIAN ECONOMY

The purpose of this study is to demonstrate the importance of the credit guarantee system for SMEs and the Hungarian economy as well as the banking system. In this study, the author used quantitative method to evaluate the impact of credit guarantee system for SMEs in reducing financial cost, increa...

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Bibliographic Details
Published inManagerial Challenges of the Contemporary Society. Proceedings Vol. 10; no. 1; pp. 7 - 15
Main Author Binh, Dang Thai
Format Conference Proceeding
LanguageEnglish
Published Cluj-Napoca Babes Bolyai University 01.01.2017
Subjects
Asymmetry
Banking
Banking industry
Banks
Cost control
Credit insurance
Economic development
Financial management
Guarantees
Market segments
Objectives
Small & medium sized enterprises-SME
Small business
Hungary
Europe
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Summary:The purpose of this study is to demonstrate the importance of the credit guarantee system for SMEs and the Hungarian economy as well as the banking system. In this study, the author used quantitative method to evaluate the impact of credit guarantee system for SMEs in reducing financial cost, increasing sales, increasing investment etc, growing of Hungarian economy, and credit operations of banks.
ISSN:2069-4229