Hungarian Financial and Stock Exchange Almanac 1992-1993 1-2. [antikvár]

LADIES & GENTLEMEN, The Hungárián Financial and Stock Exchange Almanac published in two volumes, for the third time, traditionally introduces almost all the participants of the Hungárián financial community. We aimed at completeness. In fact, the list of banks, specialized financial institutions, the Hungárián representative offices of foreign banks, savings co-operatives, insurance companies, investment funds and securities traders is comprehensive. Every effort was made to make all the other chapters as comprehensive as possible, too. The reason for the partial failure was that several of the firms contacted were either only in the initial phase of their existence, trying to develop their own image, or about to move offices, change their names and lines of business or were reluctant to support the Almanac. The Editor and the Publisher of the Almanac, were able to make ends meet without including advertisements, which is rather unique in international and Hungárián practice. This was quite a triumph and we will do our best to ensure that future volumes should alsó present a comprehensive picture of the Hungárián financial community, introducing firms one by one in detail. Letters providing feedback from Hungary and abroad, which recently flooded the Editor's office, seem to verify the validity of this approach. In order to promote the Almanac nationally and internationally, and cover the exorbitant printing costs, support from Funds and other organizations is indispensable in the first fewr years of publication. Compared to the 1991 volume, this year's Almanac has been substantially enlarged and revised. In addition to the firms already included, the 1992-93 volumes present financial funds and foundations, leasing firms, investment management funds, the real estate exchange, and variou s organizations, associations and professional chambers, which are closely connected to the development of the economy. While editing the Almanac, we realized the need for incorporating new information and many suggestions and advice were received. Many firms were unwilling to submit certain information, either because it was regarded as confidential (such as financial data, and strategy, etc.); or disagreed with the Editor's ideas (international financial and insurance relations); or wished to adjust information flexibly to clients' needs (special loan facilities); or somé data did not characterize the company at all and were considered irrelevant. These views and opinions were always given due respect, while maintaining our own position, in the same way as we did last year.