OTP bank launches HUF 100bn corporate lending programme
The resources to finance the OTP Szechenyi 500 Corporate Loan Programme are already available, thus the only thing holding back an increase in lending is the number of borrowers who qualify for the credit, Mr Wolf said. OTP Bank is offering more than 30 types of lending products for amounts between HUF 50m and 500m. OTP is automatically offering companies an overdraft determined by monthly revenue or account activity, and on top of this it is giving businesses the chance to borrow up to 40pc of the credit line to cover working capital, investments or even to use as a bank guarantee, said bank director Sandor Aladics.










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