Category: Business Associations

AHEC exists to foster closer business ties among Americans of Hungarian ethnicity, through programs to bring them into contact with each other, and with other Hungarians and business executives everywhere. AHEC seeks to mutually advance and strengthen American-Hungarian business relationships.

The Hungarian Association for Innovation as a professional and employer’s business federation focuses its activities on the economy stimulating role of innovation. The Association intends to promote the creation, spread, transfer, adoption and the practical utilization of intellectual products so that the performance and the income generating potential of the companies and the Hungarian economy should be increased, by making use of innovation the modernization and the development of economy as a result of it should be accelerated.

The activities of the Hungarian Franchise Association have three major scopes. The first and the most important one is to provide the possibility of ethical franchising by influencing and controlling all regulations connected. The second one is to extend the knowledge related to ethical franchising thru regional conferences in cooperation with county chambers. Last but not least, the Association helps to find appropriate franchisors and franchisees each other, and in relation to this we do market organizing activities as well.

The most important function of the Association is to represent its members’ interests vis-a-vis third parties. The Association participates in the drafting and discussion of laws, statutes and projects that affect the banking sector directly or indirectly. The Association presents its opinions, developed on the basis of consensus, in Parliament, in various government forums and while the legislation is being drafted. It reviews monetary policy and regulatory proposals of the National Bank of Hungary and maintains a close cooperation with the Hungarian Financial Supervisory Authority. One of its important functions is to cooperate with other professional organisations, explaining to them the views of the Association on current economic, financial and other relevant issues. In certain specific functions, the Association plays a coordinating role in the implementation of bank modernisation projects. It promotes the establishment of institutions which improve the stability and efficiency of the banking system. It has thus had a role in the preparation of the deposit insurance and the credit guarantee institutions, the credit rating institution, the debtor registry and the Giro system.

The aim of the website on the one hand, to introduce the Association of Hungarian Investment Funds and Asset Management Companies (BAMOSZ) as the organisation for the interest representation of the domestic fund and asset management profession, and on the other, to enable both professionals and investors to obtain data and other public information on domestic investment funds from one convenient source. The aim of the association – along promoting investment funds, undeniably the most popular and most advantageous pooled investment vehicle – is to help investors in an ever broadening world of supply in finding the investment tool that meets their requirements best by providing data and information. To do this, the website contains a daily upgraded database with data from all publicly offered investment funds, as well as prospectus, reports and other documents of these funds.