TEPIX III

Loans of 2.4 bln euros to SMEs

Twelve banks have expressed an interest in participating in the Third Entrepreneurship Fund (TEPIX III), a program of the Hellenic Development Bank (HDB), which will leverage around 2.4 billion euros in new loans to small and medium-sized enterprises (SMEs) and which starts after Easter, HDB Chief Executive Ismini Papakirillou announced on Thursday.