So far, only one company got food bank guarantee

The Hungarian Development Bank approved only one application in the course of the program, that was made to help out viable food companies, that are only in trouble because of the crisis.

So far, 11 bank loan application has been received by the directorate, in a total amount of 12 billion HUF.
The state has allocated a total of 30 billion HUF for the program. Specific applications arrived typically from the meat and canning industries and grain trade companies. In the case of the only approved application, bank guarantee was issued, that allows the requested loan drawings – reports Napi Gazdaság.