We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » August 14, 2017
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Over 40 billion for "de minimis" program
August 14, 2017   
Article's tools:
Print

Poland's state bank BGK has granted PLN 41 billion guarantees for PLN 72.7 billion worth of loans issued to SMEs by end-July under the state program of 'de minimis' credit guarantees, BGK bank data show.
Some 128.300 SMEs took loans within the frame of the scheme in the period, the statement showed.
The 'de minimis' program is aimed at providing co-guarantees for loans for SMEs, taking some of the risk burden away from the commercial banks. Commercial banks may grant loans of up to PLN 3.5 million per firm, with state guarantees encompassing up to 60% of the loan value.
The program has been functioning since March 2013, covering investment loans since November 2013.
© The Warsaw Voice 2010-2015
E-mail Marketing Powered by SARE