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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Hungary : € 50,000,000
    Education : € 50,000,000
    Signature date(s)
    26/09/2018 : € 50,000,000

    Summary sheet

    Release date
    6 March 2018
    Status
    Reference
    Signed | 26/09/2018
    20170930
    Project name
    Promoter - financial intermediary
    DIAKHITEL - STUDENT LOAN V
    DIAKHITEL KOZPONT ZRT
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 100 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of financing the costs related to higher education studies in Hungary by providing loans to students through Diákhitel Központ Zrt. (Diákhitel).

    The purpose of the project is to finance student loans for higher education students in public universities in Hungary. This is the fifth project with Diákhitel Kozpont Rt (hereafter Diákhitel) to assist students in financing higher education studies and improve access to tertiary education programmes. Eligible expenditures of the new scheme include tuition fees and living costs.

    Environmental aspects
    Procurement

    The project does not comprise any capital investment in new research infrastructure. In the light of this and its immaterial nature, the project does not fall under any of the annexes of the Directive 2011/92/EU and therefore does not need an Environmental Impact Assessment. The project will contribute to increased access to higher education for students who otherwise would not have the financial means. This student operation is therefore likely to generate positive effects, both at individual and societal level.

    The Bank will require the promoter to ensure that contracts for the implementation of the project shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2014/24/EC and/or 2014/23/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union, as and where required.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - DIAKHITEL - STUDENT LOAN V
    Publication Date
    2 Oct 2018
    Document language
    Main Topic
    Lending
    Document Number
    85053485
    Document Focus
    Environmental Information
    Project Number
    20170930
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - DIAKHITEL - STUDENT LOAN V
    Publication Date
    25 Dec 2021
    Document language
    Main Topic
    Lending
    Document Number
    149863282
    Document Focus
    Environmental Information
    Project Number
    20170930
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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    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.
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