Provident Financial Ltd. has been a leading player in the personal loan market in Hungary for a quarter of a century now. The CEO of the company, Viktor Boczán, who has been with Provident in different positions and in different countries for also 25 years, explains to Diplomacy&Trade how Provident can maintain a long-term, predictable […]
Compared to spring data, the Hungarian population's ability to save has declined even further: nearly half of those surveyed are unable to set aside any of their monthly income, and one in ten respondents are living in debt, according to the July Barometer survey conducted by Ipsos Plc. on behalf of Provident Financial Ltd. among […]
Financial planning is still not part of everyday life for Hungarians, with older working-age people in particular losing faith in their ability to take control of their financial situation, according to an international survey covering nine countries commissioned by the mother company of Provident Financial Ltd., International Personal Finance (IPF). While young people are becoming […]
A third of grandparents have been forced to cut back on gift giving due to the need to save, while four in ten can only afford to save money for presents during the year, according to Provident's research into the Advent period. According to the responses, the relative majority of respondents can spend between HUF […]
Repayment of outstanding loans is less of a problem than before, and reluctance to borrow has eased, according to a survey by Provident Financial Ltd.'s among its own customers. The data also shows that with their financial situation feeling more stable, more people are willing to spend on things such as health care, which was […]
The National Bank of Hungary (MNB) has re-launched its financial awareness campaign "Small things go a long way,” which encourages retail customers to achieve greater financial security by rethinking their everyday financial habits and training their savings, MNB told MTI on Monday. According to the statement, "money-sucking" items can be hidden in people's everyday spending, […]
