The Széchenyi Plan can help the SME sector
The lending conditions will be tightened in Hungary from the next year, because of the bank tax. However, SMEs will rely on the Széchenyi Plan – states the latest analysis of Atradius Credit Insurance.
“We expect, that the banks will tighten their lending policies, or the loans will be more expensive because of the bank tax” – says Vanek Balázs, Country Manager of Atradius Credit Insurance. However, the head of Atradius believes that the small and medium-sized enterprizes will handle better this situation, because they will easier obtain money through the New Széchenyi Plan (the government's 29-point economic stimulus package). According to the current plan; 1,000 billion HUF will be provided with the usage of EU and national resources – reports mfor.hu.
Related news
Related news
Organic food market back on a growth track
The global organic food market was back on a growth…
Read more >