Tag "Magyar Fejlesztési Bank"

AKG and ÖKO advance payments have started

The government and the Ministry of Agriculture continue to help Hungarian farmers with a number of tools. The advance payment of the 2023 agri-environmental management (AKG) and ecological management (ÖKO)...

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The livestock sector can count on the government even in times of difficulty

Last year’s century-long drought, the lack of feed, the increase in input costs, and animal diseases did not make the situation of the livestock industry any easier. The decreasing output...

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A zero-percentage SME loan can be applied for at MFB again

SMEs outside the Central Hungarian region can re-apply for a zero percent loan to maintain their financial stability at the Hungarian Development Bank, MFB informed MTI on Monday. The communication...

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A four-billion-forint loss

Easter weekend is typically the time when the spring season commences in the hotel industry. The fact that hotels were forced to stay closed in this period this year means...

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Magazine: Economic Year Starter 2019: Risks, a new era and SMEs

At the end of January the ‘Economic Year Starter 2019 – The Limits of the Booming Economy’ conference was held in Budapest. Péter Banai, state secretary at the Ministry of...

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Eighty billion forints for agricultural machinery buying

The Hungarian Development Bank (MFB) starts a programme that finances the buying of machinery. Farmers can apply for loans with favourable interest rates from a HUF 80-billion budget. Both agricultural machinery manufacturers...

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First MFB Point opens in Kecskemét

With the network of MFB Points, a special system is being created in Hungary for the stable and transparent granting of repayable EU funding that represents a value of several...

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