SME lending may expand after the closure of the National Bank’s credit growth program

By: trademagazin Date: 2016. 11. 24. 11:25

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.

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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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