Hellenic Development Bank SA (HDB) is a promotional financial institution wholly owned by the Hellenic Republic. Established in 2019, HDB focuses on supporting small and medium-sized enterprises (SMEs) in Greece by facilitating access to funding and creating an equal playing field for businesses. The bank is located in Athens. HDB offers various financial instruments, including co-financing loans, guarantees to reduce risks, grants through blending mechanisms, and equity financing options via its subsidiary, Hellenic Development Bank of Investments (HDBI). The bank designs and implements these financial instruments, often utilizing Special Purpose Vehicles (SPVs) to channel funding from European Structural and Investment Funds and National Investment Programs to SMEs. HDB's mission is to promote sustainable development and address market gaps in the Greek economy. It aims to support the growth of Greek enterprises and align its practices with EU best practices, fostering inclusivity and sustainability.