The contribution of the banking system to the absorption of loans under the Recovery and Resilience Facility (RRF) is progressing at a strong pace.More than eight out of 10 RRF loans have been directed toward key pillars of the Greek economy, namely Energy (34.6%), Tourism (27.2%), and Industry (23.5%). In the Energy sector, 137 loan agreements have been concluded, corresponding to total investments of 6.1 billion euros (2.8 billion in RRF loans). The Industry sector accounts for 141 agreements, with total investments of 5.1 billion euros (1.9 billion in RRF loans). In Tourism, 241 agreements have been signed, representing total investments of 4.9 billion euros (2.2 billion in RRF loans).Taking into account additional loans extended through international financial institutions such as the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), the RRF loan program has mobilised private investments amounting to 21.58 billion euros, as announced by the Ministry of National Economy and Finance.RRF loans are offered on highly favorable terms, with interest rates set at 1% for large and medium-sized enterprises and 0.35% for small businesses.The Hellenic Bank Association (HBA) members, six Greek banks: Piraeus Bank, National Bank of Greece, Eurobank, Alpha Bank, CrediaBank, Optima Bank. (ICE ATENE)

Fonte notizia: ana-mpa