Hungarian Development Bank launches EUR 84 million EU-funded credit scheme for SME digitalisation
The Hungarian Development Bank (MFB) announced the launch on Thursday of a HUF 34.7bn (EUR 84 million), European Union-funded credit scheme to support digitalisation at microbusinesses and SMEs.
Launch of an EU-funded credit scheme announced
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 Gránit Bank.
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