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
Fruit yogurt has become cheaper, but the price of orange juice has gone up
The prices of products frequently consumed by children have increased…
Read more >
K&H: middle-aged Hungarians are more shy, despite their higher income
The income of middle-aged people shows a gradual increase over…
Read more >
Pessimistic retail sector, with expansion intentions
Tibor Bodor, the head of K&H Bank’s corporate division gave…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >
