Loans to SMEs via Na­tional

Kathimerini English - - Focus -

Na­tional Bankof Greece will chan­nel 100 mil­lion eu­ros in fi­nanc­ing to over 350 small and medium-sized en­ter­prises in Greece through loans with fa­vor­able terms in­clud­ing re­duced col­lat­eral re­quire­ments and low in­ter­est rates.

SMEs will be able to bor­row a min­i­mum of 10,000 eu­ros up to a max­i­mum of 1.5 mil­lion eu­ros in this first in a series of ac­tions by Na­tional Bank for SMEs

The loans will be is­sued in the con­text of the Euro­pean Union’s COSME pro­gram, uti­liz­ing sup­port from the Euro­pean Fund for Strate­gic In­vest­ments, which com­prises the core of the In­vest­ment Plan for Europe.

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