New Credit Scheme For Digitalisation At Small Businesses in Hungary Launched by MFB
- 7 Dec 2024 7:53 AM
The Hungarian Development Bank (MFB) announced the launch on Thursday of a HUF 34.7bn, European Union-funded credit scheme to support digitalisation at microbusinesses and SMEs.
MFB said HUF 27.8bn of the zero-interest credit would be for project financing of between HUF 3m and HUF 20m, while HUF 7.0bn would be for loans of between HUF 20m and HUF 200m. Total outlays for businesses undertaking projects in the capital are capped at HUF 5.1bn.
The credit is available at the MFB Pont Plusz network and designated branches of MBH Bank and Granit Bank.
Source:
MTI - The Hungarian News Agency, founded in 1881.
*********************************
You're very welcome to comment, discuss and enjoy more stories via our Facebook page:
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary
You can subscribe to our newsletter here: XpatLoop.com/Newsletters
Do you want your business to reach tens of thousands of potential high-value expat customers? Then just contact us here.
LATEST NEWS IN tech