“The Hellenic Development Bank-HDB is the bank supporting the plans of SMEs,” the president and CEO of the Hellenic Development Bank-HDB, George Zavvos, said at the recent press conference entitled “Investment tools to support entrepreneurship and improve infrastructure”, quoted by Alternate Minister of National Economy and Finance, Nikos Papathanasis.
It is the “unique financial and development body of the country, with the main mission of expanding the access of small and medium-sized enterprises (SMEs) to national and EU resources,” Zavvos emphasized.
HDB has granted 45,288 loans totaling 9.4 billion euros over the last four years, according to an announcement, proving that it has a significant role as a multiplier mechanism for leveraging public resources, covering market gaps.
The 3 strategic axes of the Hellenic Development Bank-HDV in the new cycle of the Greek economy are:
1. the significant increase in the number of financed small and medium enterprises,
2. the active support of the sustainable development and innovation of SMEs and
3. extroversion based on the extraction of EU funds intended for non-EU member states and the close cooperation with national development banks.
“The synergy of these values creates a dynamic environment for the business activity of SMEs that contributes decisively to the ambitious goals of the restructuring of the Greek economy implemented by the government,” HDB president and CEO added.
