K&H Bank Rt has started offering corporate credit cards with limits up to Ft 1 million
Published:
26 November 2004 y., Friday
K&H Bank Rt has started offering corporate credit cards with limits up to Ft 1 million. Businesses have 45 days interest free in which to pay the bank back for purchases made using the card. After that, the bank charges monthly 1.9% interest.
K&H Bank noted at the card's launch that most SMEs do not have trouble getting loans, rather the problem is maintaining their liquidity, and the credit card should help. The bank will issue up to four cards for each corporate account. At the end of June, the bank had 8,000 corporate accounts, giving it 14% of the market.
Šaltinis:
bbj.hu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Parex Bankas won the tender organised by UAB Investicijų ir Verslo Garantijos regarding the financing of very small, small and medium-sized enterprises, and is to lend LTL 100 million together with other three selected banks.
more »
The European Commission has approved, under EC Treaty state aid rules, the €5 billion risk shield for German bank WestLB and accompanying measures, following an in-depth investigation opened in October 2008.
more »
MEPs have backed new rules to rebuild trust in Europe's battered banks through better financial supervision and risk management.
more »
Taking into consideration the tendencies in the market, starting from 11 May this year AB Bank SNORAS will change the interest rates on time deposits in Litas, Euro, Great Britain pounds and USA dollars.
more »
Now VW and Porsche who are looking into a merger.
more »
First European SME week supports small businesses and encourages entrepreneurship.
more »
Officials at an El Paso bank said $120,000 found at an ATM doesn't belong to the bank.
more »
The placing on the market of seal products should not be allowed say MEPs. It is permitted only where the seal products result from hunts traditionally conducted by Inuit and other indigenous communities.
more »
President Barack Obama is calling on Congress to overhaul tax policies that he said reward companies for shifting U.S. jobs overseas and allow wealthy people to evade taxes using offshore accounts.
more »
MEPs will discuss the protection of animals used for science Monday evening along with a proposal to ban the trade in seal products.
more »