The loan portfolio of the Agricultural Credit Guarantee Trust exceeded 300 billion HUF

The loan portfolio of the Agrár-Vállalkozási Hitelgarancia Alapítvány (AVHGA) has more than tripled over the last five years and has exceeded the 300 billion forints.

Herczegh András, the managing director of the Foundation said on Wednesday that the EU COSME counter guarantee program is a part of this as well.The COSME counterclaim is provided by the COSME Programme for Competitiveness of Enterprises and Small and Medium-sized Enterprises and the European Fund for Strategic Investment (EFSI). (MTI)