Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Hungary : € 50,000,000
    Credit lines : € 50,000,000
    Signature date(s)
    18/04/2008 : € 20,000,000
    12/05/2005 : € 30,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    22 October 2004
    Status
    Reference
    Signed | 12/05/2005
    20040424
    Project name
    Promoter - financial intermediary
    MKB Global Loan

    Magyar Külkereskedelmi Bank Rt.
    Váci u. 38.
    H-1056 Budapest

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 m
    Minimum EUR 100 m
    Location
    Sector(s)
    Description
    Objectives

    Financing of small- and medium-sized projects (including leasing transactions) in the fields of energy, energy savings, environment, infrastructure (including health, education, social housing - if integrated in well-defined urban rehabilitation schemes - and urban renewal), development of knowledge-based economy, industry, services and tourism in Hungary.

    The global loan would contribute to the development of term finance in Hungary. Through the financial intermediary, the global loan would provide long-term funding for eligible projects promoted by small and medium sized enterprises (SMEs) and local municipalities/authorities/associations.

    Environmental aspects
    Procurement

    The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.

    The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, in particular for the award of the public sector contracts, as appropriate.

    Link to source
    Summary sheet

    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).

    News & Stories

    Other links
    Data sheet
    Summary sheet

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

    Related publications