{"id":17320,"date":"2026-03-02T17:27:38","date_gmt":"2026-03-02T14:27:38","guid":{"rendered":"https:\/\/tmede.gr\/english\/?p=17320"},"modified":"2026-03-02T18:07:18","modified_gmt":"2026-03-02T15:07:18","slug":"financing-agreement-renewal-hellenic-development-bank-and-epwcf-tmede-extend-the-hdb-epwcf-guarantee-fund-through-2026","status":"publish","type":"post","link":"https:\/\/tmede.gr\/english\/2026\/03\/02\/financing-agreement-renewal-hellenic-development-bank-and-epwcf-tmede-extend-the-hdb-epwcf-guarantee-fund-through-2026\/","title":{"rendered":"Financing Agreement Renewal: Hellenic Development Bank and EPWCF\u2013TMEDE Extend the &#8220;HDB\u2013EPWCF Guarantee Fund&#8221; Through 2026"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_3_4 3_4 fusion-three-fourth fusion-column-first\" style=\"--awb-bg-size:cover;width:75%;width:calc(75% - ( ( 4% ) * 0.75 ) );margin-right: 4%;\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-title title fusion-title-1 sep-underline sep-solid fusion-title-text fusion-title-size-one\" style=\"--awb-sep-color:#007ec6;\"><h1 class=\"fusion-title-heading title-heading-left\" style=\"margin:0;\"><h3><span data-olk-copy-source=\"MessageBody\">Financing Agreement Renewal: Hellenic Development Bank and EPWCF\u2013TMEDE Extend the &#8220;HDB\u2013EPWCF Guarantee Fund&#8221; Through 2026<\/span><\/h3><\/h1><\/div><div class=\"fusion-text fusion-text-1\"><p><span data-contrast=\"auto\">The Ministry of National Economy and Finance, the Hellenic Development Bank (HDB), and the Engineers and Public Works Contractors Fund (EPWCF\/TMEDE) have signed a renewed Financing Agreement to extend the operation of the HDB &#8211; EPWCF Guarantee Fund through December 31, 2026.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Specifically engineered to enhance and secure working capital liquidity for beneficiary enterprises, the Fund targets small- and medium- sized engineering and construction enterprises (SMEs) engaged in, or bidding on, projects and\/or studies of public interest, regardless of execution stage. The instrument has garnered exceptionally positive reception across Greece&#8217;s technical community, including engineers, designers, and public works contractors.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The extension aligns with the strategic objectives of both institutions to enhance SME access to competitively structured financing on highly favorable terms, <\/span><span data-contrast=\"auto\">strengthen the technical professions, and amplify Greece&#8217;s economic growth trajectory \u2014 particularly amid heightened investment demand across infrastructure, energy transition, and sustainable development.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The HDB &#8211; EPWCF Guarantee Fund represents HDB&#8217;s inaugural public-private partnership with an autonomous, self &#8211; funded guarantee and credit institution, establishing itself as a benchmark instrument for entrepreneurial support in Greece. Financing is carried out with the guarantee provided by the HDB-TMEDE Loan Guarantee Fund of the Hellenic Development Bank (HDB), co-financed by the Greek State and the Engineers and Public Works Contractors Fund (TMEDE).<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Program\u00a0Parameters:<\/span><\/b><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\" data-aria-posinset=\"1\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Eligible\u00a0Beneficiaries:<\/span><\/b><span data-contrast=\"auto\">\u00a0Small\u00a0and\u00a0medium-sized\u00a0enterprises\u00a0(SMEs),\u00a0engineers,\u00a0designers,\u00a0public\u00a0works\u00a0contractors, and\u00a0graduate\u00a0freelance\u00a0professionals\/entrepreneurs\u00a0in the\u00a0sector<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\" data-aria-posinset=\"2\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Total\u00a0Budget:<\/span><\/b><span data-contrast=\"auto\">\u00a0\u20ac95\u00a0million\u00a0(loan\u00a0portfolio)<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\" data-aria-posinset=\"3\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Working\u00a0Capital\u00a0Loans:<\/span><\/b><span data-contrast=\"auto\">\u00a0\u20ac400,000 (maximum\u00a0loan\u00a0amount)<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\" data-aria-posinset=\"4\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">HDB\u00a0Guarantee\u00a0Coverage:<\/span><\/b><span data-contrast=\"auto\">\u00a080% of the\u00a0loan\u00a0principal<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\" data-aria-posinset=\"5\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Repayment\u00a0Term:<\/span><\/b><span data-contrast=\"auto\">\u00a01\u00a0to\u00a05\u00a0years\u00a0(including\u00a0any\u00a0grace\u00a0period)<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\" data-aria-posinset=\"6\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Collateral\/Insurance\u00a0Coverage\u00a0(per\u00a0loan):<\/span><\/b><span data-contrast=\"auto\">\u00a0Capped\u00a0at\u00a020% of\u00a0loan\u00a0value<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\" data-aria-posinset=\"7\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Early\u00a0Repayment:<\/span><\/b><span data-contrast=\"auto\">\u00a0Permitted\u00a0without\u00a0penalty<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{\" data-aria-posinset=\"8\" data-aria-level=\"1\"><b><span data-contrast=\"auto\">Application\u00a0Process:<\/span><\/b><span data-contrast=\"auto\">\u00a0Streamlined\u00a0business\u00a0plan;\u00a0no\u00a0invoice\u00a0documentation\u00a0required<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Participating\u00a0Financial\u00a0Institutions:<\/span><\/b><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Applications\u00a0are\u00a0submitted\u00a0through\u00a0the\u00a0State\u00a0Aid\u00a0Information\u00a0System\u00a0(PSKE) and\u00a0processed\u00a0by\u00a0participating\u00a0credit\u00a0institutions:<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Piraeus\u00a0Bank<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Alpha Bank<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Eurobank<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">National\u00a0Bank of\u00a0Greece<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">CrediaBank<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">Optima\u00a0Bank<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\" data-aria-posinset=\"7\" data-aria-level=\"1\"><span data-contrast=\"auto\">Cooperative\u00a0Bank of\u00a0Karditsa<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{\" data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"auto\">Thessaly\u00a0Cooperative\u00a0Bank<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Statement\u00a0from\u00a0Ms.\u00a0Ismini\u00a0Papakyriakou, CEO, Hellenic Development Bank:<\/span><\/b><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<blockquote>\n<p><em>&#8220;The renewal confirms the success of a targeted financial instrument that has demonstrated proven effectiveness in facilitating access to capital for Greece&#8217;s construction and technical sectors. By providing liquidity &#8211; enhancing tools that streamline investment execution, we contribute materially to the nation&#8217;s growth momentum. HDB remains committed to SME support, assuming credit risk exposure and establishing stable financing frameworks for construction and consulting professionals.&#8221;\u00a0<\/em><\/p>\n<\/blockquote>\n<p><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Statement\u00a0from\u00a0Mr.\u00a0Konstantinos\u00a0Makedos,\u00a0President, EPWCF\/TMEDE:<\/span><\/b><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<blockquote>\n<p><i><span data-contrast=\"auto\">&#8220;The eligibility extension through December 31, 2026, ensures that the technical community retains access to attractive financing mechanisms needed to meet accelerating public and private investment timelines, as well as the imperatives of the green and digital transition. EPWCF\/TMEDE actively supports business initiatives linked to the country&#8217;s sustainable development and market needs. I extend sincere appreciation to Alternate Minister of National Economy and Finance Mr. Nikos Papathanasis and HDB CEO Ms. Ismini Papakyriakou for their exemplary collaboration, which has resulted in modern guarantee products with highly favorable financing terms \u2014 instruments that sector professionals have enthusiastically embraced.&#8221;<\/span><\/i><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">This joint HDB &#8211; EPWCF initiative strengthens entrepreneurship and ensures uninterrupted operations for technical enterprises vital to the national economy.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p>\n<\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_4 1_4 fusion-one-fourth fusion-column-last\" style=\"--awb-bg-size:cover;width:25%;width:calc(25% - ( ( 4% ) * 0.25 ) );\"><div class=\"fusion-column-wrapper fusion-flex-column-wrapper-legacy\"><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-separator fusion-full-width-sep\" style=\"margin-left: auto;margin-right: auto;margin-bottom:30px;width:100%;\"><\/div><div class=\"fusion-sep-clear\"><\/div><div class=\"fusion-widget-area awb-widget-area-element fusion-widget-area-1 fusion-content-widget-area\" style=\"--awb-title-color:#000000;--awb-padding:0px 0px 0px 0px;\">\n\t\t<div id=\"recent-posts-3\" class=\"widget widget_recent_entries\">\n\t\t<div class=\"heading\"><h4 class=\"widget-title\">Recent Posts<\/h4><\/div>\n\t\t<ul>\n\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t<a href=\"https:\/\/tmede.gr\/english\/2026\/04\/22\/%ce%bdext-gen-digital-services-tmede-portfolio-services-konstantinos-makedos-tmede-portfolio-represents-a-qualitative-leap-in-productivity-and-a-substantial-improvement-in-our-members-daily-t\/\">\u039dext-Gen Digital Services &#8211; TMEDE Portfolio Services &#8211; Konstantinos Makedos: &#8220;TMEDE Portfolio represents a qualitative leap in productivity and a substantial improvement in our members&#8217; daily transactions.&#8221;<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t<a href=\"https:\/\/tmede.gr\/english\/2026\/04\/14\/p-o-mi-t-e-d-y-event-at-the-tmede-building-engineers-in-the-public-sector-from-signature-to-disciplinary-liability\/\">P.O.MI.T.E.D.Y. Event at the TMEDE Building: \u201cEngineers in the Public Sector: From Signature to Disciplinary Liability\u201d<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t<a href=\"https:\/\/tmede.gr\/english\/2026\/03\/02\/financing-agreement-renewal-hellenic-development-bank-and-epwcf-tmede-extend-the-hdb-epwcf-guarantee-fund-through-2026\/\">Financing Agreement Renewal: Hellenic Development Bank and EPWCF\u2013TMEDE Extend the &#8220;HDB\u2013EPWCF Guarantee Fund&#8221; Through 2026<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t\t\t\t<li>\n\t\t\t\t\t<a href=\"https:\/\/tmede.gr\/english\/2025\/12\/15\/kyriakos-pierrakakis-money-is-not-simply-available-it-is-created-growth-emerges-from-sound-strategies\/\">Kyriakos Pierrakakis: \u201cMoney is not simply available; it is created. Growth emerges from sound strategies.\u201d<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t<\/ul>\n\n\t\t<\/div><div id=\"categories-3\" class=\"widget widget_categories\"><div class=\"heading\"><h4 class=\"widget-title\">Categories<\/h4><\/div>\n\t\t\t<ul>\n\t\t\t\t\t<li class=\"cat-item cat-item-9\"><a href=\"https:\/\/tmede.gr\/english\/category\/digital-services\/\">Digital Services (5)<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-8\"><a href=\"https:\/\/tmede.gr\/english\/category\/news\/\">News (69)<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-4\"><a href=\"https:\/\/tmede.gr\/english\/category\/newsletter\/\">Newsletter (2)<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-5\"><a href=\"https:\/\/tmede.gr\/english\/category\/presidents-articles-speeches\/\">President&#039;s Articles &amp; Speeches (7)<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-7\"><a href=\"https:\/\/tmede.gr\/english\/category\/press-releases\/\">Press Releases (47)<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-10\"><a href=\"https:\/\/tmede.gr\/english\/category\/tmede-regulation\/\">TMEDE Regulation (1)<\/a>\n<\/li>\n\t\t\t<\/ul>\n\n\t\t\t<\/div><div class=\"fusion-additional-widget-content\"><\/div><\/div><div class=\"fusion-clearfix\"><\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":9,"featured_media":17321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[7,8],"tags":[],"class_list":["post-17320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","category-news"],"_links":{"self":[{"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/posts\/17320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/comments?post=17320"}],"version-history":[{"count":12,"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/posts\/17320\/revisions"}],"predecessor-version":[{"id":17333,"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/posts\/17320\/revisions\/17333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/media\/17321"}],"wp:attachment":[{"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/media?parent=17320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/categories?post=17320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tmede.gr\/english\/wp-json\/wp\/v2\/tags?post=17320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}