The financing of the Hungarian food industry is supported by AVHGA and MBH Bank
The Agrarian-Vállalkozasi Hitelgarancia Alapítvány (AVHGA) and MBH Bank have signed a cooperation agreement promoting the up-to-date financing of businesses operating in the food industry, MBH Bank announced to MTI on Wednesday.
AVHGA’s guarantee is a guarantee of secure financing for both customers and the bank, thereby greatly improving the chances of obtaining a loan and taking a significant financial burden off the shoulders of farmers. In addition to replacing other bank collateral, customers can save time and costs through it. Businesses and family farms can apply for the guarantee, which is available for a favorable fee, in about 40 Agricultural Centers of MBH Bank throughout the country. The administration takes place online, the administration is carried out by the bank, built into the loan application processes, they said.
MBH Bank currently provides funding for more than 15,000 of its customers with the support of AVHGA, the volume of guaranteed loans exceeds HUF 350 billion. More than 85 percent of the transactions, and about 90 percent in terms of amount, are handled by the Agricultural and Food Industry Department of the financial institution, primarily related to the elements of the Széchenyi Card program, the Agrár Széchenyi Card and the Agrár Széchenyi Investment Loan.
További információ erről a forrásszövegrőlTovábbi fordítási információhoz forrásszöveg szükséges
Visszajelzés küldése
Oldalsó panelek
Related news
Approximately 400 billion forints of support are expected to be paid out from the Rural Development Program this year
The government aims to pay out the remaining 300-400 billion…
Read more >Despite many challenges, unprecedented support opportunities in agriculture
2024 will go down in the history of agriculture as…
Read more >MBH Bank further strengthened its role in agricultural financing
Despite the less favorable market and production environment, MBH Bank…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >More expensive Barbie, thinner Heinz – Trump’s tariffs redraw the global consumer market
The impact of Donald Trump’s tariff policy is affecting more…
Read more >Almost 20 percent cheaper food? The government is satisfied with the results of the margin reduction
“Thanks to the margin reduction, more and more products can…
Read more >