New HDB SME financing programme with €1.5bn from the Recovery Fund (expected)
Recovery and Resilience Facility (Greece 2.0) – funds transferred to HDB
Ελληνική Αναπτυξιακή Τράπεζα – ΕΑΤ (Hellenic Development Bank – HDB)
In plain words
The government is moving €1.5bn from the Recovery Fund to HDB for low-cost bank loans to small and medium businesses; with bank money total lending should reach €5bn. Expected by early 2027 – no terms yet.
Who can apply
Small and medium businesses (per announcements). Criteria to be announced.
What it pays for
Bank loans on favourable terms. Loan types, amounts and rates not yet announced.
What must be true for you
Tick what applies. Saved on this device only.
- Small or medium-sized business.
- Bank credit approval (as in all HDB programmes).
- Other terms will be announced by HDB.
How to apply
- Watch hdb.gr for the programme announcement.
- Prepare a business plan and up-to-date financial statements.
- Sort out tax and social-security clearance and any overdue loan payments.
- Talk to your bank once the programme is announced and follow the procedure set out.
Where to apply: Μέσω τραπεζών – θα ανακοινωθεί (hdb.gr) / Through banks – to be announced
Deadline
Announced at the Thessaloniki Fair (Sept 2026); launch expected by early 2027. Terms not yet announced.
Sources we read
- hdb.gr/parousiasi-tis-ekthesis-tou-iove
- hdb.gr/dynamiki-parousia-tis-ellinikis-anaptyx…
- hdb.gr/nikos-papathanasis-sto-100-i-aporrofisi…
- greece20.gov.gr/xamilotoka-daneia
- greece20.gov.gr/synentefxi-typou-may2026
Research notes: HDB news (01.10.2026, IOVE report presentation): €1.5bn of new Recovery Fund resources, leveraged to €5bn of SME financing, activation expected 'έως τις αρχές του 2027'. Not to be confused with the original RRF loan facility (banks + RRF at 0.35%/1%), whose approvals ended 31.08.2026 and whose contracting was reported complete in May 2026 – that facility is no longer open and is not listed separately.