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The National Credit Guarantee Fund for SMEs reduced the commissions charged to SMEs
Date: 06/07/2012
Source: Capital
The National Credit Guarantee Fund for SMEs reduced, from July 1, the fees practiced for SMEs.
The reduction is about of 0.5 percentage points, decrease that will lead to savings for small and medium enterprises of about 10 million Lei within one year.
Also, as a result of the strategic mission the National Credit Guarantee Fund for SMEs pays special attention to support investment activity, taking steps to reduce the fee for guaranteeing loans for investment by about 0.6 percentage points.
The implementation of these reductions was possible due to the contribution of the Romanian Counter Fund, which, by improving its counter mechanism, re-allowed the commission policy.
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