The Growth Loan Program is the engine of agriculture
The Hungarian National Bank’s (NBH) Growth Loan Programme (NHP) is behind the growth of Hungarian agriculture – according to the analysis of the Atradius credit insurance company.
The market leader credit insurance company, examined the agricultural sector in terms of financing among other things. According to the study, only agricultural loans have been able to grow since 2009, the financing of other sectors of the economy stagnated or deteriorated. The share of agriculture in the second phase of NHP increased from the inital 14 to 28 percent.
Related news
Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >A new approach to corporate management is taking over: this is how you can prepare your company for the AI era
The corporate sector is barely past the agile transition, the…
Read more >In 2023, the animals were fed mainly with fermented and fibrous bulk feed
In Hungary, 7,598,000 tons (100 percent coverage) of fodder were…
Read more >Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >