Richárd Szabados: The interest rate on investment loans of the Széchenyi Card program will drop to 3.5 percent
The government will reduce the interest rate on investment-type loans of the Széchenyi Card Program to 3.5 percent from November 1st, from the previous 5 percent, announced Richárd Szabados, the State Secretary of the Ministry of National Economy (NGM) at the ministry’s press conference in Budapest on Monday.
The state secretary emphasized that the government adopted the 21-point new economic policy action plan in order to achieve the minimum 3 percent economic growth planned for next year.
The interest rate reduction is part of the Sándor Demján program included in the action plan and affects the Széchenyi Investment Credit MAX+, Széchenyi Lízing MAX+, Széchenyi Microloan MAX+ and Agrár Széchenyi Card MAX+ products – he explained.
Related news
New rules may come to baths: social consultation on the amendment to the regulation has begun
The government is preparing a comprehensive amendment to the regulation…
Read more >NGM: prices of affected drugstore products decreased by almost a quarter
We have taken another step against unjustified price increases, the…
Read more >The margin cap remains, NGM is satisfied
The government has also taken action against unjustified price increases…
Read more >Related news
Food Price Margin Reduction Extended Until the End of August
István Nagy, Hungary’s Minister of Agriculture, announced on his official…
Read more >Profitability of trade is decreasing – the government is opening up substantial resources
On May 28, Laurel Számítástechnikai Kft. held its 12th Retail…
Read more >Rules on meat products are getting stricter – a new concept is also included in the regulation
A new regulatory amendment has been proposed in Hungary: the…
Read more >