K&H: 9.6 billion forints guarantee for the innovative investments of the SMEs
K&H Bank has concluded an InnovFin portfolio guarantee agreement with the European Investment Fund (EIF) in a value of 9.6 billion forints (about 30 million euros) to help small and medium-sized enterprises (SMEs) to get access credit for their large-scale innovative investments – the bank told MTI.
The portfolio guarantee is available for leasing and loan transactions. The Guarantee Facility provides a 50 percent guarantee for funding up to a maximum of 2.4 billion forints, with a maturity of 1 to 10 years. (MTI)
Related news
K&H: the momentum of the service sector somewhat offsets the stagnation of industry
“The GKI’s newly published business climate index has decreased by…
Read more >This is how artificial intelligence became part of everyday life
Artificial intelligence (AI) has become an almost invisible part of…
Read more >K&H Bank wins the Euromoney Awards for Excellence 2025 “Best Digital Bank” award in Hungary
K&H Group has won this award from Euromoney for two…
Read more >Related news
Shoppers’ favorite FMCG brands – YouGov Brand Footprint 2025
The analysis is based on the CRP (Consumer Reach Points)…
Read more >Chicken is getting more expensive, eggs are getting more expensive – this is what awaits Hungarian consumers now
A significant price increase has taken place on the domestic…
Read more >Prices are soaring on the poultry market: chicken, turkey and eggs have also become more expensive
In recent months, a significant price increase has taken place…
Read more >