According to the Ministry of National Economy (NGM), since the introduction of SME loans with a fixed interest rate of 3 percent, businesses have submitted applications for more than 1,000 billion forints, while the amount of contracts exceeded 500 billion forints.
The ministry recalled that, based on the government’s decision, from October 6, 2025, all Széchenyi Card Program schemes – both liquidity and investment loans – will be available at a fixed interest rate of 3 percent.
According to the background material attached to the announcement, 19,102 applications were received in the amount of 1,011 billion forints in the 3.5 months following the introduction. According to the NGM’s assessment, this volume represents a higher demand for loans than what was typically realized in the previous 6–8 months. The ministry also indicated that the administration is progressing nationwide, and bank contracts worth 525 billion forints have already been signed.
According to the NGM, since the interest rate cut, interest has been high in several Széchenyi products, including the Széchenyi Liquidity Loan MAX+, the Széchenyi Card Overdraft MAX+ and the Széchenyi Tourism Card MAX+. According to the ministry, in addition to liquidity-oriented schemes, demand for investment-type loans is also stable.
