Total amount of accepted applications in the Demján Sándor Programme exceeding HUF 100 billion
The schemes announced by EXIM Hungary under the Demján Sándor Programme have attracted considerable interest from businesses since their launch. After just over three and a half months, the total amount of accepted applications exceeded HUF 100 billion. During this period, nearly 200 businesses applied for one of the new financing schemes.
Since January 6, applications from 194 domestic companies worth a total of HUF 108.5 billion have been accepted for one of the new financing opportunities announced under EXIM Hungary’s Demján Sándor rProgramme. 74% of the accepted applications are for Euro-based financing. Domestic companies use EXIM products mostly for investment purposes, the vast majority of which are related to manufacturing developments, real estate transactions, and solar panel developments for electricity generation. The bank pays special attention to ensuring that the credit assessment process is completed as quickly as possible, thereby ensuring that funds are disbursed as soon as possible.
“The pace and volume of applications clearly show that Hungarian companies have recognized the opportunities offered by the Demján Sándor Programme. EXIM Hungary’s task is to reciprocate this trust with a fast, efficient review process and by making funds available as soon as possible. In this way, we are helping domestic companies to strengthen their position in international markets,” said Dr. Adrienn Berta, the recently appointed CEO of EXIM Hungary, commenting on the popularity of the products.
On January 6, EXIM Hungary launched four priority products with a total budget of HUF 350 billion, of which HUF 100 billion was earmarked specifically for supporting green investments. The Exporters of the Future Investment Loan, the Green Investment Loan, and the Export Promotion Investment Loan and Lease scheme are all available through EXIM Hungary’s financial partners.
In early March, the range of products available under the Programme was expanded with a new, targeted financing option called Exporters of the Future Lease. This scheme offers subsidized, fixed-rate, predictable financing solutions specifically for micro, small, and medium-sized enterprises that are planning to further strengthen their competitiveness. Customers can also apply for the leasing scheme through EXIM Hungary’s financial partners.
The primary objective of the economic stimulus packages launched under the Demján Sándor Programme is to strengthen the export activities of Hungarian micro, small and medium-sized enterprises, promote sustainable economic growth, and support the financing of foreign investments. The Demján Sándor Programme, which is an important pillar of the New Economic Policy Action Plan, contributes with a total of HUF 1,400 billion to promoting the competitiveness and development efforts of Hungarian companies. The strategic objective of the programme is to provide effective, targeted financing solutions for Hungarian businesses, thereby supporting the implementation of domestic and international investments and contributing to a significant increase in the size and market share of small and medium-sized enterprises.