Agricultural finance will stall on commercial banks

According to the Agricultural Chamber; the lack of credit is a risk to agriculture and using of EU aid and investments. Roughly 50 billion HUF is available from the source, which is not delivered by the banks to the producers

The Hungarian Banking Association, the Agricultural Chamber, large domestic banks and the Hungarian Chamber of Agriculture started consultations to improve the financing opportunities of agriculture and food industry. Prior to the analysis of the Hungarian Chamber of Agriculture; also become clear among financial sector specialists, that the industry urgently needs a loan of 100 billion HUF.