The bank of the poor to be launched
In two and a half years, 400 million forint loan would be lent in the scope of the program. About 400 businessess can start, from the loan provided by Raiffeisen Bank.
The companies would receive an amount between 300 thousand and 1 billion HUF without legal and financial resources, on the basis of trust. The criterion of the program's success is that the companies starting from the loans to be profitable, because they can repay the loan – reports Világgazdaság Online.
Related news
More related news >
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >