The must-have newsletter about Hungary

TAKARÉK GROUP EXPECTS TO DISTRIBUTE HUF 60 BN OF BABY SUPPORT CREDIT

 

Takarék Group expects outlays for state-subsidised prenatal baby support loans will reach 60 billion forints (EUR 184.6m) at the institution by the end of 2022, the group told MTI. Takarék Group said they could distribute the loans to around 10,000 applicants. Calculating with an average level of income, one family could be eligible for 5-8 million forints of loans. Since the credit scheme was launched on July 1, Takarék Group has accepted 875 applications, awarding 8.5 billion forints of loans. Some 315 clients have already received 3.05 billion forints of credit.