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.
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