Raiffeisen offers currency risk free credit for circulating funds

By: trademagazin Date: 2009. 02. 18. 11:13

This is the first bank which offers credit construction from the HUF 140 billion value New Hungary Circulating Funds Credit.

 From 17th February each enterprises can
borrow maximum HUF 200 million. János Laincsek, leader of SMEs
section of the bank said, Raiffeisen thinks to place loan in value of
HUF 30 billion, for more than 1,000 clients. According to its
experiences, the most SMEs borrow only a few HUF 10 million, so this
kind of credit could help for several enterprises.  

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