The Széchenyi Plan can help the SME sector

By: trademagazin Date: 2010. 11. 11. 15:01

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.

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