Signature(s)
Amount
€ 200,000,000
Countries
Sector(s)
Hungary
: € 200,000,000
Credit lines
: € 200,000,000
Signature date(s)
12/11/2020 : € 200,000,000
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Summary sheet
Release date
25 June 2020
Status
Reference
Signed | 12/11/2020
20200450
Project name
Promoter - financial intermediary
EXIMBANK HU COVID-19 RESPONSE FOR SMES & MIDCAPS
MAGYAR EXPORT-IMPORT BANK ZRT
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a credit line to support SMEs and midcaps affected by the COVID-19 crisis in Hungary.
The aim is to enhance access to short-term finance for the target beneficiaries to mitigate the negative economic impact of the COVID-19 crisis, as well as support eligible investments.
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.
Link to source
Summary sheet
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News & Stories
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