SME lending may expand after the closure of the National Bank’s credit growth program
In the three stages of the credit growth program (NHP) 36 103 enterprises received fundings worth 2459 billion HUF. The program has contributed significantly to economic growth and employment expansion.
The National Bank of Hungary forecasts that the loan growth of the SMEs in the next two years can stay in the 5-10 percent range after the completion of NHP. The 5-10 percent range supports the sustainable economic growth – the National Bank of Hungary (MNB) announced on Wednesday. (MTI)
Related news
MNB Director: The central bank expects 4.7 percent annual inflation this year
Inflation is expected to exceed the central bank’s tolerance band…
Read more >Bankmonitor: More than 19,000 billion HUF is lying unsecured with Hungarians
According to MNB statistics, Hungarians held 19,236.1 billion forints in…
Read more >ESG questionnaire from July for companies requesting large loans
From 1 July 2025 a new ESG reporting obligation will…
Read more >Related news
What can cause the price of a wine to increase tenfold?
There are fewer of them worldwide than the number of…
Read more >Corporate leaders’ commitment to sustainability at record level
According to the latest data from the K&H Sustainability Index,…
Read more >Hungarian SMEs see the future in development
The vast majority of companies desire and plan technological developments,…
Read more >