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

By: Trademagazin Date: 2024. 05. 08. 11:50

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.