Partnership with Development Organizations

01

HDB Liquidity Co-Financing Loans

  • DESCRIPTION
    Piraeus Bank, in collaboration with the Hellenic Development Bank – HDB offers you Working Capital financing with preferential terms by combining the interest rate subsidy with the partially interest-free funds.

    The loans are co-financed by a Fund managed by the Hellenic Development Bank (HDB), with resources financed by the Greek State and the European Investment Bank.
  • IDEAL FOR
    Micro, Small and Medium - sized Enterprises that wish to digitize and digitally upgrade their operations/activities with preferential terms
  • REPAYMENT METHOD
    • Monthly
    • 3-monthly
    • 6- monthly or
    • annual instalments

    repaying
    principal and interest combined
    or
    principal and interest apart

    For Medium-sized Enterprises, option of Bullet/Βalloon payment up to 70% of the initial capital of the loan is provided
  • INTEREST RATE
    Fixed for the entire loan tenor
    or
    Variable

    Based on Euribor 3m
    plus margin
  • OTHER FEATURES
    Preferential pricing as a result of :

    • 40 % interest-free funds through co-financing from HDB
      • &

    • 300 basis points (3%) interest rate subsidy for the first 2 years on 60% of the loan amount
    * exclusively for SMEs that have not received funding from a previous HDB program
02

HDB Green Co-Financing Loans

  • DESCRIPTION

    Piraeus Bank, in collaboration with the Hellenic Development Bank – HDB offers you financing with preferential terms, by combining a two-year subsidy of interest with partly interest-free financing, aiming at financing business investment plans that will involve green investments.

    The loans are co-financed by a Fund managed by the Hellenic Development Bank (HDB), with resources financed by the Greek State and the European Investment Bank.

  • IDEAL FOR

    Micro, Small and Medium -sized Enterprises that wish to invest on their green upgrade with preferential terms

  • REPAYMENT METHOD
    • Monthly
    • 3-monthly
    • 6-monthly or
    • annual instalments

    repaying
    principal and interest combined
    or
    principal and interest apart
  • INTEREST RATE
    Fixed for the entire loan duration

    or

    Variable Based on Euribor 3m
  • OTHER FEATURES
    Preferential pricing from:

    • Interest-free co-financing by 40% from HDB

      &
    • 3% subsidy of the interest for the first 2 years on the rest 60% of the loan amount
03

HDB Digitalization Co-Financing Loans

  • DESCRIPTION
    Piraeus Bank, in collaboration with the Hellenic Development Bank – HDB offers you financing on preferential terms combining a two-year subsidy of interest with partly interest-free financing, aiming at:

    • digitizing and digitally upgrading operations/activities,
    • increasing productivity,
    • expanding and creating new jobs for small and medium-sized businesses
    The loans are co-financed by a Fund managed by the Hellenic Development Bank (HDB), with resources financed by the Greek State and the European Investment Bank.
  • IDEAL FOR
    Micro, Small and Medium - sized Enterprises that wish to digitize and digitally upgrade their operations/activities with preferential terms
  • REPAYMENT METHOD
    • Monthly
    • 3-monthly
    • 6-monthly or
    • annual instalments

    repaying
    principal and interest combined
    or
    principal and interest apart
  • INTEREST RATE
    Fixed for the entire loan duration

    or

    Variable Based on Euribor 3m plus margin
  • OTHER FEATURES
    Preferential pricing from:

    • 40 % interest-free funds through co-financing from HDB

      &
    • 300 basis points (3%) interest rate subsidy for the first 2 years on 60% of the loan amount
04

Innovation Guarantee Fund

  • DESCRIPTION
    Piraeus Bank, in collaboration with the Hellenic Development Bank – HDB participates in the Innovation Guarantee Fund and offers financing through investment loans and/or working capital to innovative small and medium-sized enterprises.
  • IDEAL FOR
    Small and Medium-sized Businesses, which intend to implement an innovative investment plan
  • REPAYMENT METHOD
    • Monthly
    • 3-monthly
    • 6- monthly or
    • annual instalments repaying
    • principal  and  interest combined
      Or
      principal and interest apart
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • Fund Guarantee for 80% of loan amount
    • Grant up to 20% of the total disbursed loan, in cases where specific innovation (15% rebate) and ESG (5% rebate) criteria are met
    • 100% grant on Guarantee Fee
    • Preferential Pricing for eligible Businesses
05

Audiovisual Productions Portfolio Guarantee Fund

  • DESCRIPTION
    The action "Loan Guarantee Fund for Audiovisual Production Companies" by the Hellenic Development Bank (HDB) aims to support SMEs in the Audiovisual Productions’ sector.
  • IDEAL FOR
    Small and Medium-sized Enterprises and Professionals in the Audiovisual Productions’ sector.
  • REPAYMENT METHOD
    • Monthly /quarterly /semi-annually installments (interest & amortization)
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • Grace Period up to 2 years
    • Early repayment free of charge
    • Fund guarantee for 80% of the loan
    • Collateral up to 50% of the loan amount
    • Application submission at www.ependyseis.gr/mis with bank of choice Piraeus Bank
06

Guarantee Fund HDB – TMEDE COVID-19

  • DESCRIPTION
    Working Capital, with 80% guarantee by the Hellenic Development Bank - HDB, aiming to enhance the liquidity of Small and medium-sized enterprises (SME) operating in the construction and engineering sector, which intent to undertake or have undertaken the execution of a public interest project and/or study.
  • IDEAL FOR

    Small and Medium Enterprises (manufacturers, designers, engineers) that intent to undertake or have undertaken the execution of a project and / or public interest study regardless of its stage of execution.

  • REPAYMENT METHOD
    • Monthly or quarterly installments of capital and interest
  • INTEREST RATE
    Variable

    based on Euribor
    1M/3M
  • OTHER FEATURES
    • HDB & TMEDE provide 80% guarantee for each loan
    • The guarantee fee can be subsidized by the Hellenic Development Bank – HDB according to the limits set by the De minimis regulation
07

Business Financing – Entrepreneurship Fund II

  • DESCRIPTION
    Investment Loans for small and medium enterprises through the Programme ''Business Financing – Entrepreneurship Fund II''.
  • IDEAL FOR
    Businesses active in:

    • Manufacturing
    • Trade
    • Services
    • Tourism
  • REPAYMENT METHOD
    • In monthly and 3-monthly instalments that pay interest and capital
  • INTEREST RATE
    Variable

    based on the BMLR

    or

    Euribor 1M/3M
  • OTHER FEATURES
    • Take advantage of the favorable terms provided and choose Piraeus Bank by submitting your application at:
      www.ependyseis.gr/mis
08

ESIF ERDF Greece Guarantee Fund (EEGGF)

  • DESCRIPTION
    Piraeus Bank in cooperation with the European Investment Fund participates in the guarantee instrument of the Investment Guarantee Fund (EEGGF) and grants loans to support small and medium-sized enterprises with preferential terms and reduced collateral
  • IDEAL FOR
    Small and Medium Enterprises and Professionals with the aim of enhancing liquidity and the implementation of investment plans
  • REPAYMENT METHOD
    • With equal monthly or quarterly or semi-annual interest-bearing installments(capital and interest)
  • INTEREST RATE
    Variable

    based on Euribor
  • OTHER FEATURES
    • Grace Period up to 2 years
    • Early repayment free of charge
    • Fund guarantee for 80% of the loan
    • Collateral up to 40% of the loan amount
09

ESIF- EAFRD Greece Guarantee Facility

  • DESCRIPTION
    Financing the investment plans of Farmers, SMES that are related to processing / marketing and/or development of Agricultural Products, Collective Farmer associations, with favorable terms and conditions with the ESIF- EAFRD Guarantee Facility.
  • IDEAL FOR
    • Farmers, SMEs processing agricultural products, Collective Farmer Associations
  • REPAYMENT METHOD
    • Monthly,
    • 3-monthly,
    • 6- monthly
    • yearly instalments that pay interest and capital
  • INTEREST RATE
    Variable

    based on Euribor + spread
  • OTHER FEATURES
    • The FoF provides 80% guarantee on each loan.
    • Reduced Collaterals
    • Preferential Pricing
10

Loans in cooperation with European Investment Bank
"ΕΙΒ COVID-19 RESPONSE for SMEs & MIDCAPS"

  • DESCRIPTION
    Financing SMEs and Μidcaps (up to 3.000 employees) in the form of working capital and/or investment loans with favourable terms in cooperation with European Investment Bank
  • IDEAL FOR
    Businesses active in indicative sectors:
      
    • Primary sector
    • Manufacturing
    • Trade
    • Services
    • Tourism
  • REPAYMENT METHOD
    • In 3-monthly, 6-monthly or annual instalments that pay interest and capital or capital
  • INTEREST RATE
    Variable

    based on Euribor

    + Margin
  • OTHER FEATURES
    • Exception from the charge payable pursuant to Law 128/75
    • Favourable pricing for eligible businesses