Archives Tagged as : GE Capital

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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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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30 July 2012 Posted by Ewa Piwowar

Debt Ridden or On The Move?

Guest post by Petr Gapko, Macroeconomic Analyst, GE Money Bank Czech Republic

In his article published in Hospodarske noviny (available in Czech for registered users only), Petr Gapko, Macroeconomic Analyst from GE Money Bank Czech Republic, raises the question of public finances and state debts in Central Europe and the ‘tax’ we hesitate to pay for their restructuring and for further economic growth.

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1 June 2012 Posted by Ewa Piwowar

How to Get SMEs in a Mood of Investment?

Investment intentions are quite varied among SME companies in the CEE region. The willingness to invest was restrained already last year in Hungary, with companies planning 4% less investments in 2012, while a slight increase (+2%) is expected this year in the Czech Republic and Polish companies are planning a whopping 34% more investments than in 2011. This was one of the outcomes of a recently conducted GE Capital survey among European companies that employ between 2–249 people, encompassing also three Central and Eastern European countries (Poland, Czech Republic, Hungary). The survey examined the investment intentions of SMEs in the present challenging environment and what their expectations are regarding their operating environment.

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19 March 2012 Posted by Ewa Piwowar

Everyday Heroes

The Everyday Hero campaign, launched in September 2011 by Bank BPH, part of GE Capital Group, together with Polish TV station TVN and Internet portal Onet, was successful from the very beginning. At a time when the banking sector came under increasing scrutiny by different stakeholders, the campaign supported BPH’s centering on fairness and transparency and it brought the financial institute closer to the people by promoting a better understanding of the current economic environment. As a result, the bank was recognized as number one on fair play and trust in the Polish market by an Ipsos Marketing survey at the end of last year.

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13 February 2012 Posted by Ewa Piwowar

Smart About Investments – Millions Need Financial Literacy

The financial crisis has helped boost the interest in financial literacy. Thus subject is more often talked about today; more is done about it, whether for grown-ups or for children. The truth is that individual states, the EU and OECD have dealt with this topic long before the crisis. Why?

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1 February 2012 Posted by Ewa Piwowar

Smart About Investments – Better off with Credits

There is probably no doubt that we are a lot better off now than 15 years ago. But each of us has to realize that we have reached this state almost solely by taking on debt. An uninterested economist would like the fact that, from his viewpoint, 2011 was certainly “very interesting.” At the start, the large global economies enjoyed relatively good growth, but there was a dramatic turnaround by mid-year.

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16 January 2012 Posted by Ewa Piwowar

Smart About Investments – Gold is Shining Again

“Although the transition from command economies to market economies took place more than 20 years ago, the know-how on storing personal wealth cannot be tradition-based in CEE. We still need to get familiar with what it means to distribute our savings between bonds, equities and foreign currencies over a life-cycle horizon.”

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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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