Hellenic Development Bank distributed €8.6 billion to the Greek economy

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Hellenic Development Bank distributed €8.6 billion to the Greek economy4.6 billion euros were distributed to 521 large enterprises and 9,620 SMEs through the Guarantee Fund Covid-19, while disbursement of another 1.4 billion euros is expected mainly to SMEs

Hellenic Development Bank channeled liquidity worth 8.6 billion euros to small- and medium-sized enterprises (SMEs) and large enterprises through the banking system since the beginning of the pandemic crisis (April 2020), the Development & Investments Ministry said in a report on Thursday, according to ANA.

It added that this was achieved by leveraging 2.78 billion euros from the community and national funds. 

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Europa credito urgente

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