OTP launches a one hundred billion HUF investment loan program

By: trademagazin Date: 2012. 07. 05. 12:57

OTP Bank launches a one hundred billion HUF investment loan application its corporate clients. One priority of the program is to finance manufacturing, agricultural and food investments, that are planned from EU application funds.

Wolf László Deputy CEO told at Wednesday’s press conference that the macroeconomic environment is not conducive to growth, the bank expects a 2 percent decrease this year in investments. He believes that the major obstacle of growth is the lack of trust. The restoring of trust is a key issue, because it can expand the investment and lending. The IMF agreement would improve investor confidence – he added. (MTI)

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