KAVOSZ: Another interest rate reduction in the Széchenyi Card Program

By: Trademagazin Date: 2025. 10. 07. 11:49
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KAVOSZ Széchenyi Card Program Zrt. is pleased to announce that, as a result of the latest measure of the Ministry of National Economy, the annual fixed net interest rate (to be paid by the customer) of the program’s liquidity-promoting products will be reduced from 4.5% to 3%. This change affects the Széchenyi Liquidity Loan MAX+ and the Széchenyi Card MAX+, Széchenyi Tourism Card MAX+ schemes, so that all products, except for the Agrár Széchenyi Card, can be obtained at a uniform, predictable, net interest rate of 3%.

This interest rate reduction is a significant advantage for the domestic micro, small and medium-sized enterprise sector. The more favorable interest rate environment has an incentive to take out loans, as maintaining liquidity and stabilizing their operations has now become even more affordable for companies. Businesses can access freely available working capital loan opportunities more simply and in a more predictable manner, thereby providing a preferential source of support for their daily operations, which can directly contribute to their growth and market competitiveness.

Dr. Ádám Balog, Chairman of the Board of Directors of KAVOSZ Zrt., highlighted: “We are pleased to welcome the fact that economic decision-makers and advocacy organizations are treating the fate and progress of SMEs as a priority. The Hungarian SME layer is particularly important, as these companies provide the basis for jobs and are the engines of the local economy. KAVOSZ’s mission is to make secure financing available to small and medium-sized enterprises – the current interest rate reduction reinforces this goal, and the interest rate reduction is a clear sign that the government and professional organizations are committed to strengthening the entrepreneurial environment in the long term.”

Thanks to the above measure, access to freely used subsidized loans under the Széchenyi Card Program has become even more favorable and predictable, so from now on, the Széchenyi Card Overdraft, the Széchenyi Tourism Card and the Liquidity Loan can also be obtained at a fixed, annual net interest rate of 3%. As a result of the current interest rate change, the financial expenses of enterprises will also be significantly reduced for these loan types, which will help increase their profitability and allow them to respond more quickly to market opportunities through the improvement of their liquidity position. The interest rate reduction will therefore not only provide assistance in the short term, but may also contribute to the stability and further development of the SME sector in the longer term.

KAVOSZ Zrt. remains committed to supporting domestic SMEs and facilitating their development. The interest rate reduction of the Széchenyi Card Program is further proof that companies can successfully grow and plan their future through competitive financing opportunities available to domestic economic actors.

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