KTH: Kisfaludy Tourism Credit Center’s loan interest rates have been reduced to 2.5 percent

By: Trademagazin Date: 2025. 11. 10. 09:35

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The Kisfaludy Tourism Credit Center (KTH) offers its loans at an even more favorable fixed annual interest rate of 2.5 percent. This means that tourism service providers can access the lowest interest loans in Hungary, with the most favorable terms, announced the newly established state-owned financial enterprise specializing in the tourism sector, a subsidiary of the Hungarian Tourism Agency (MTÜ), in its statement on Monday.

The statement emphasized that the renewal of tourism financing contributes to the dynamic development of the entire sector.

In addition to the uniquely low interest rate of 2.5 percent, the KTH Start Current Asset and KTH Start Investment loans of Kisfaludy Tourism Credit Center Financial Service Company Ltd. are also particularly attractive because they can be applied for without collateral, simply and online, thanks to the state guarantee. The tourism service provider can receive the payment within 15 working days. The advantages are complemented by flexible repayments that take into account the seasonality of the sector, KTH announced.

In addition to micro, small and medium-sized enterprises, KTH also provides financing solutions for the smallest service providers, i.e. tax-registered individuals and sole proprietors. This way, even the smallest service providers can develop their services and improve their operating conditions, thereby further strengthening their market position

– the state-owned enterprise drew attention.

In order to develop tourism even more dynamically, the government established a dedicated financial enterprise for the tourism sector this year. In October, KTH began accepting loan applications for Start schemes of 1-10 million forints. There is enormous interest in the new financing option, which may be further increased by the current significant reduction in loan interest rates. It is important to emphasize that KTH will also apply the new 2.5 percent fixed interest rate in contracts for loan applications that have already been submitted/under review, the announcement highlighted.

They also mentioned that the tourism and hospitality sector is one of the most important driving forces of the domestic economy this year. It accounts for more than 13 percent of GDP and provides for the livelihood of approximately 400,000 families. The new government measure will continue to strengthen the competitiveness of service providers, which will also contribute to improving the growth conditions of the entire sector, KTH wrote.