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    Reference: 20130313
    Release date: 19 September 2013

    Promoter – Financial Intermediary

    Magyar Export-Import Bank Zrt

    Location

    Description

    Financing of projects promoted by SMEs and MidCaps.

    Objectives

    The loan falls under the scope of EU objectives through its contribution to growth and employment by increasing competitiveness and productivity of SMEs and Mid-Caps.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    Not applicable.

    Environmental aspects

    Eximbank as the Intermediary will be required to ensure compliance of loans allocated to final beneficiaries under the EIB facility with applicable national and EU legislation, as appropriate.

    Procurement

    Eximbank as the Intermediary will be required to ensure compliance of loans allocated to final beneficiaries under the EIB facility with applicable national and EU legislation, as appropriate.

    Status

    Signed - 13/12/2013

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Hungary Credit lines