EXIM: contracts have already been concluded for more than 90 percent of the additional resources of 200 billion within the framework of the Gábor Baross Credit Program
The interest in loan products offered with even more favorable financing conditions than before, now exclusively for investment purposes, was extraordinary, and the entire amount was exhausted within a month. EXIM Hungary has so far signed 784 contracts with Hungarian companies worth a total of HUF 183.4 billion.
The Gábor Baross Reindustrialization Loan Program is not only one of the most sought-after financing schemes of EXIM Hungary’s 30-year existence, but also one of the country’s most successful loan programs ever, which makes a significant contribution to restarting economic growth and further increasing competitiveness. Through EXIM Hungary, domestic companies can get a loan with an interest rate of up to 5 percent in forints and up to 3 percent in euros, with a maximum term of ten years, under even more favorable terms than before. Companies operating in the food industry, construction industry, telecommunications, pharmaceutical production, tourism and hospitality, automotive industry, and logistics could apply for the loan program.
Related news
EXIM: the Gábor Baross Loan Program is successfully closed
The Gábor Baross Loan Program has been successfully concluded, EXIM…
Read more >NGM State Secretary: the interest rate cap protected SMEs from the negative effects of the rising yield environment
The interest rate cap protected SMEs from the negative effects…
Read more >EXIM: applicants quickly grabbed the resources of the Gábor Baross Loan Program
EXIM Hungary received so many applications from Hungarian companies in…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >