Archives Tagged as : Budapest Bank

27 March 2013 Posted by GE for CEE

Where the Puck is Going to Be

Guest post by Viktor Tóth, Head of Commercial Banking, Budapest Bank affiliate of GE Capital

The crisis might have made businesses cut back on their investments, but we at Budapest Bank (affiliate of GE Capital) encourage our clients to dare to think ahead for the sake of their business’s success. As Wayne Gretzky, the famous hockey star once said: “A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.” This can be a useful recipe for businesses as well: recognizing opportunities in time and implementing their ideas could put them ahead of the market competition.

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23 January 2013 Posted by GE for CEE

Have You Found Your Successor Yet?

Guest post by Viktor Tóth, Budapest Bank (owned by GE Capital), Head of Commercial Banking

The SME sector has a significant role in the run of the economy both locally and globally, so it’s essential to see what future the enterprises are heading. In Hungary for instance, agriculture is a crucial sector amongst SMEs, regarding its contribution to GDP (4% or 15% including raw material producing and processing industry as well). However, the generation change issue holds a big challenge and it threatens the future of the sector. Most Hungarian leaders in the agricultural sector are over 45 or even over 60 years, and less than half of them have an idea who will follow them. Finding their successors, as the survey commissioned by Budapest Bank (owned by GE Capital) pointed out, should be a current issue.

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5 November 2012 Posted by Ewa Piwowar

For Better or Worse

Guest post by Ferenc Bogisich, CEO of Qualitative Production Ltd, Hungary A bank is a good partner if we can also rely on its wide-ranging advice and if it stands by us even in difficult situations. GE Capital’s Budapest Bank helped us through a challenging period, by treating our company’s problems as their own and sharing our success as well. If necessary, they formulate challenging opinions about us and sometimes when we get excited with new plans that we would like to start with as soon as possible, they warn us to be slower and more cautious.

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10 August 2012 Posted by Ewa Piwowar

“Your Actions Define Your Brand. Act Like a CEO”

Guest post by Andrea Kerekes, Manager, FP&A, Capital EMEA – Hungary, and co-chair of Women’s Network at Budapest Bank

“Your actions define your brand. Act like a CEO.” said Anna Durham, Chief Operations Officer of GE Capital’s ‘Working Capital Solutions’ Unit, at the summit of the Women’s Network organizations operating at various GE businesses in Hungary. At the event gathered at Budapest Bank one of the main topics was creating your self-brand.

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24 July 2012 Posted by GE for CEE

CEE@Olympics – Bike to London

Most people will travel by plane or car to see the London Olympics, but there are sport-enthusiasts who like challenges:  a small team of Hungarian kids decided to go by bicycle. Read more at the next piece of our series about the CEE region and the Olympics which GE is one of the 11 Worldwide Partners of.

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13 July 2012 Posted by GE for CEE

Power of Self Confidence and Networks

“I never used to see myself as a business person, but the GE Foundation Scholar-Leaders Program inspired me and gave me enough self confidence to start my own company, making software for some very big clients. It really changed my mind set,” said Tomas Kaczmarczyk, student in mathematics from Poland and one of the speakers at the 10^th anniversary of the GE Foundation’s university scholarship program.

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4 June 2012 Posted by Ewa Piwowar

Smart About Investments – Financial Doctors

Guest post by Miklós Konkoly, Head of Private Banking, Budapest Bank At a time like this, the task of investment advisors and private bankers is not to offer complicated products to investors, but to convince them of the importance of self-provision and that this is something that one should spend time thinking about. A good financial advisor works like a “financial doctor”: he/she provides information on the possible treatment methods, points out their advantages and risks, and tries to find the best solution together with the “patient.”

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4 April 2012 Posted by Ewa Piwowar

Local and Leading

Guest post by Viktor Tóth, Head of Budapest Bank’s commercial division This year’s Budapest Bank’s Partner Award was won by the Körös-Maros Biofarm, a cattle breeding company in Békés County, Hungary. The jury appreciated the company’s participation in numerous research and development projects in partnership with Hungarian universities and research centers, thereby contributing to the popularization of ecological farming and the development of the region.

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13 January 2012 Posted by Ewa Piwowar

Acknowledged Banks Matter

The end of a year is a good moment for looking back, allowing many of us to count yearly achievements, taking into account results and other lessons to learn from, starting the New Year with more experiences for an improved outcome. With more than 75 years of experiences, we at GE Capital collect our accomplishments in the region year after year to secure our versatility that empowers our customers.

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6 December 2011 Posted by GE for CEE

Long-term Partner for SMEs

You want to vote the SME of the year in Hungary? Are you an SME looking for easy access to financial services via the internet in Poland? You want access to EU funds in both countries? These are all ways to help the SME sector grow financially and mentally. The crisis hit the companies operating in the region quite seriously; however, they still play a key role in stabilizing and developing the economies.

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