Signature(s)
Amount
€ 50,000,000
Countries
Sector(s)
Hungary
: € 50,000,000
Credit lines
: € 50,000,000
Signature date(s)
30/09/2010 : € 50,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
19 April 2010
Status
Reference
Signed | 30/09/2010
20090695
Project name
Promoter - financial intermediary
Volksbank HU SMEs and Other Priorities
Magyarorszagi Volksbank Zrt.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 50 million.
Not applicable.
Location
Sector(s)
Description
Objectives
Loan for financing small and medium-sized projects carried out primarily by SMEs, mainly in Hungary.
Loan for financing small and medium-sized projects carried out primarily by SMEs (at least 70%), local authorities and mid-cap enterprises and financial beneficiaries of any size for investments of limited scale in the fields of the knowledge economy, energy and environmental protection, mainly in Hungary.
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