ADVERTISEMENT

Eximbank launches subsidized credit scheme for SMEs

Banking

Magyar Eximbank on Monday announced the launch of a subsidized investment credit scheme for microbusinesses and SMEs that export, supply exporters or are planning to enter export markets, according to a report by state news wire MTI.

Under the scheme to speed up the economic recovery, businesses may apply for loans denominated in forints or euros, up to HUF 3.5 billion or EUR 10 million, with maturities up to 10 years.

The loans carry a fixed rate of 1.5% for the forint credit and 0.5% for the euro credit.

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan Debt

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan

Hungary Treats Smooth EU Transition as Priority, Says Bóka EU

Hungary Treats Smooth EU Transition as Priority, Says Bóka

HU-rizon Program: HUF 8 bln Funding for International Resear... Science

HU-rizon Program: HUF 8 bln Funding for International Resear...

Inspiring Women at the Focus of Gourmet Fest In Budapest

Inspiring Women at the Focus of Gourmet Fest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.