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.
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