Loan Guarantee Facilities

In order to further support its Corporate Customers in achieving higher growth, expand their export activity and create added value, ABBank offers the following programs:

Hellenic Development Bank – Entrepreneurship Fund (TΕΠΙΧ ΙΙΙ)

In conjunction with Hellenic Development Bank, ABBank participates in the newly formed Entrepreneurship Fund (Ταμείο Δανείων Επιχειρηματικότητας -ΤΕΠΙΧ ΙΙΙ).

The scope of the Fund is to support business activity and provide financial tools that will assist SMEs, Small Midcaps & Midcaps to gain access to bank financing.
The risk sharing instruments created relate to co-financed loans on a 40%-60% basis, with 40% financed by the Fund on an interest free basis. The balance financed by the Financial Institution receives a 2-year margin subsidy of up to 3%, thereby reducing the effect of the high financing cost.

The Entrepreneurship Fund III (TEPIX III), managed by the Hellenic Development Bank-HDB, is implemented with the co-financing of the European Union through the "Competitiveness 2021-2027" Program

Please contact ABBank for additional information.