The Agricultural Széchenyi Card will ease the financing of agriculture

The Agricultural Széchenyi Card makes the funding of the Hungarian agriculture more favorable and stable – Feldman Zsolt, Deputy Secretary of State of the Ministry of Rural Development (VM) responsible for agri-management told at a press conference on Tuesday in Budapest.

The financing needs of agriculture is estimated to 950-1050 billion HUF per year. About 40 percent of this amount is provided by the banking sector. Feldman Zsolt addedd that the government supports the funding of the Hungarian agriculture, through the Hungarian Development Bank and from 2011, via the Agricultural Széchenyi Card.  (MTI)