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MFB COVID-19 RESPONSE FOR SMES & MIDCAPS

Summary sheet

Release date
8 May 2020
Status
Reference
Signed | 17/12/2020
20200356
Project name
Promoter - financial intermediary
MFB COVID-19 RESPONSE FOR SMES & MIDCAPS
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
not applicable
Location
Sector(s)
Description
Objectives

The project will enhance access to finance SMEs and Midcaps affected by the COVID-19 crisis in Hungary.

The aim is to finance eligible investments, as well as to provide short-term financing, that help to mitigate negative economic impact of the epidemic.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Related projects
Parent project
EU PL RESPONSE TO COVID19 CRISIS FOR SME&MIDCAPS
Link to source
Summary sheet
MFB COVID-19 RESPONSE FOR SMES & MIDCAPS

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).

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Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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