Almost 1,000 companies have already submitted loan applications for state-subsidized loans with an interest rate of less than 0.5% at OTP Bank.
Since July 1, the credit institution has already concluded contracts for more than HUF 11 billion in loans under the renewed program, and another HUF 15 bln is being disbursed.
Customers are mostly looking for an overdraft facility to bridge liquidity difficulties, but free working capital loans are also popular.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
