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14% of small, mid-sized businesses have unpaid loans

MNB

Only about 14% of Hungarian SMEs and microbusinesses have outstanding loans, according to a survey by BellResearch commissioned by Budapest Bank. Overdrafts account for about 46% of the credit, and charges to the Széchenyi Card, a state-supported credit card for small businesses, make up 19% of the total. The survey was based on data from 555 companies with annual net revenue under HUF 300 million.

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