MFB announces a 70 billion HUF SME loan program
The Hungarian Development Bank (MFB) will launch its SME loan program called MFB financial enterprise refinancing scheme II.
The frame of the loan program is a total amount of 70 billion HUF. The loan program mainly targets small and medium-sized enterprises (SMEs) that can not obtain credit from commercial banks due to their size or age – the bank told MTI. It is reported that the loan is available from 1 million HUF to even 100 million HUF. (MTI)
Related news
Hungary may declare exemption from foot-and-mouth disease at the end of May
No new cases have been detected since the last outbreak…
Read more >
Favorable working capital loans and interest subsidies also help farmers
Favourable working capital loans and interest subsidies also help farmers…
Read more >
Ministry of National Economy: collaboration for Hungarian livestock farming, NGM helps farmers with targeted measures
Hungarian livestock farming is a sector of paramount importance for…
Read more >Related news
Viktor Orbán: we will introduce margin reduction for new products as well, if necessary
The margin regulation must be maintained because people must be…
Read more >
Healthy meat products rich in fiber and protein have been developed in Debrecen
A new product line consisting of health-promoting, fiber- and protein-rich…
Read more >
German retail sales fell month-on-month in April
In Germany, retail sales fell by 1.1 percent in real…
Read more >
