According to a statement, "two important innovations are being launched today in our financial system, the result of the harmonious and productive cooperation of the Hellenic Development Bank-HDB, with the Interoperability services of the Ministry of Digital Governance, the services of the Ministry of Development and the Ministry of Rural Development".
On the one hand, for the first time, the institution of low-interest micro-loans is being introduced to farmers and agricultural processing companies for small investments aimed at strengthening agricultural production. On the other hand, for the first time, the KYC by HDB platform is being launched which allows interested parties with simple procedures to express their interest with a single application and - as long as they are eligible (Tax and Insurance aware and with no pending issues at TEIRESIA) - their application for the financing to be simultaneously available in as many banks as they choose.
Market paricipants are expected to expand options for short and low-interest loans. Interested farmers as well as manufacturing companies can visit the website of the Hellenic Development Bank www.hdb.gr to express their interest in the Agricultural Entrepreneurship Small Loan Fund .
