Minister of Finance Mihály Varga received the CEO of International Personal Finance Inc., international parent company of Provident Finance Cls., Gerard Ryan in his office in Tuesday.

At the meeting, Mr. Varga reported on the current state of the Hungarian economy and said that the dynamic, 5 percent economic growth achieved during the first three quarters of the year was expected to be followed by similar, favourable growth figures in the upcoming period.

The parties agreed that thanks to falling tax burdens, increasing public consumption and suitably applied development funding, the Hungarian investment environment is becoming increasingly attractive. Added to the more transparent and clearer financial regulations, this all contributes to the fact that it is also worth investing in the financial sector in Hungary, the parties determined.