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Banks Set to Offer More Loans to SMEs

by Editorial Team
11 February 2025
in News
Banks Set to Offer More Loans to SMEs

Additional loans to small and medium-sized enterprises (SMEs), totaling over 250 million euros, are expected to be granted by banks with the support of the Entrepreneurship Fund (TEPIX III) of the Hellenic Development Bank (HDB), which was reinforced with €100 million.

The increase was decided by the Ministry of National Economy and Finance after the exhaustion of the available resources for the co-financed investment and working capital loans granted so far, which exceeded €450 million.

The possibility of submitting new applications through the KYC –Know Your Customer – electronic platform of the HDB and the Integrated State Aid Information System, began on Monday.

 

 

Tags: General News

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