The share of SMEs within the total number of enterprises is significant both in Hungary and the entire European Union; therefore the Hungarian Government and the EU place special emphasis on assisting the sector. In Hungary, the MNB’s Funding for Growth Scheme 1 and 2 (NHP and NHP+) had succeeded in reversing a negative SME lending growth trend and the stock of loans within the sector has been rising steadily.
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(Ministry for National Economy)