Trademagazin > News and articles > Market News > Government subsidises interest rates to help producers’ organisations
Government subsidises interest rates to help producers’ organisations
The government decided to grant interest rate subsidies to Producers’ Sales Organisations (TÉSZ) via the New Hungary TÉSZ Current Asset Loan Programme. MFB Bank implements the programme, in which TÉSZ and other certified organisations receive an interest rate subsidy up to 50 percent of the loan’s rate, but not more than 4 percentage points per year.
Related news
More related news >
Related news
More than 13 tons of donations were collected at the joint Easter campaign of NOE and CBA
More than 13 tons of donations were collected during the…
Read more >Digital detox during Easter: addictive phone use is a much more serious and widespread problem than we think
The Easter fast is traditionally a time of introspection, renunciation,…
Read more >Cruel April frost damage: up to 100% crop loss possible
The spring frosts in early April once again caused a…
Read more >