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Economic Impact of Credit Guarantee System - Hungarian Case Study

Author

Listed:
  • Dang Thai Binh

    (University of Miskolc)

Abstract

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.

Suggested Citation

  • Dang Thai Binh, 2015. "Economic Impact of Credit Guarantee System - Hungarian Case Study," Theory Methodology Practice (TMP), Faculty of Economics, University of Miskolc, vol. 11(01), pages 11-24.
    • Handle: RePEc:mic:tmpjrn:v:11:y:2015:i:01:p:11-24
    as

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    File URL: http://tmp.gtk.uni-miskolc.hu/volumes/2015/01/TMP_2015_01_02_Dang_Tahi_Binh.pdf
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    References listed on IDEAS

    as
    1. Beck, Thorsten & Klapper, Leora F. & Mendoza, Juan Carlos, 2010. "The typology of partial credit guarantee funds around the world," Journal of Financial Stability, Elsevier, vol. 6(1), pages 10-25, April.
    2. Riding, Allan L. & HainesJR., George, 2001. "Loan guarantees: Costs of default and benefits to small firms," Journal of Business Venturing, Elsevier, vol. 16(6), pages 595-612, November.
    3. Ilhyock Shim, 2006. "Corporate credit guarantees in Asia," BIS Quarterly Review, Bank for International Settlements, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    credit guarantee; bank; SMEs; Garantiqa;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General

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