HDB Digitalization Co-Financing Loans
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, productivity increase and 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.
Micro, Small and Medium - sized Enterprises that wish to digitize and digitally upgrade their operations/activities with preferential terms
- 6-monthly or
- annual instalments
principal and interest combined
principal and interest apart
Fixed for the entire loan duration
Variable Based on Euribor 3m plus margin
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
1 An enterprise is considered any entity, regardless of its legal form, that carries out an economic activity. It includes in particular self-employed persons and family businesses, which carry out a craft or other activity, as well as personal companies or associations of persons, which regularly carry out an economic activity.
2 The application of the last sentence of par. 4c of Art. 1 of the GAS, according to which companies that were not problematic on December 31, 2019, but became problematic during the period from January 1, 2020 to December 31, 2021.