KAVOSZ: the interest subsidies on the Agricultural Széchenyi Card has doubled

By: trademagazin Date: 2013. 07. 22. 12:10

The Ministry of Rural Development raised the interest subsidies on the Agricultural Széchenyi Card from the former two percent to four percent – from their own financial resources – the KAVOSZ Zrt. announced on Monday.

According to the communication of the KAVOSZ Zrt. sent to MTI, the interest rate on the credit facility is currently at around 4.25 percent per year The increased interest subsidy is valid for both the new contracts from 18 July 2013 and for the existing contracts. (MTI)