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)
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