Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Hungary
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
28/03/2011 : € 100,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
6 April 2010
Status
Reference
Signed | 28/03/2011
20100158
Project name
Promoter - financial intermediary
CIB Convergence and MID-CAP Loan
CIB Bank Zrt.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million.
Not applicable.
Location
Sector(s)
Description
Objectives
Financing of small and medium-sized projects undertaken by private or public promoters in Hungary. The loan will also include a mid-cap tranche for industrial projects falling within the credit line limits.
The credit line will provide SMEs located in convergence regions with term finance at attractive conditions.
Environmental aspects
Procurement
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Link to source
Summary sheet
Other links
Data sheet