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
A large wave of price increases is expected in trade
In the first half of 2025, GKI Economic Research Ltd.…
Read more >
Inflation accelerated to 2 percent in the eurozone and 2.3 percent in the EU on an annual basi
Inflation in the euro area and the European Union accelerated…
Read more >
New impetus for rural businesses: the government helps with interest-free loans
As of July 15, a new option has been added…
Read more >
