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 has once again received the title of “Hungary’s Best Digital Bank”
For the third time in a row since 2022, K&H…
Read more >The new green loan comes with favorable terms
K&H will launch a new green home loan on the…
Read more >Z-gen no longer uses mobile phones for more than just payments
The number and amount of smartphone payments at K&H is…
Read more >Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >