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Banks support to businesses increases to EUR 44.3 bln in the Netherlands Tuesday 6 April 2021 14:20 CET | News
Netherlands-based banks have announced that they will continue to support businesses during the corona crisis, according to nvb.nl.
Since the corona crisis, Dutch banks have offered additional credits to almost 52,000 businesses, with a combined value of EUR 44.3 billion. This is displayed in the third Corona Monitor of 2021, published by the Dutch Banking Association (NVB). More than 60% of the regular financing consists of loans under EUR 250,000. From the total amount of EUR 44.3 billion, EUR 3.1 billion have been provided with a guarantee by the government, such as the Corona SME credit guarantee scheme (BMKB-C), the finance guarantee (GO-C), the Credit Guarantee Scheme for Agriculture, and the Small Credits for Corona guarantee scheme (KKC). More than 8200 companies have received a loan with a government guarantee.