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RAIFFEISEN BANK HUNGARY LRS ENHANCED SUPPORT

Summary sheet

Release date
25 August 2023
Reference
20220856
Project name
Promoter - financial intermediary
RAIFFEISEN BANK HUNGARY LRS ENHANCED SUPPORT
RAIFFEISEN BANK ZRT
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 80 million
EUR 220 million
Location
Sector(s)
Description
Objectives

The operation consists in a credit line to the financial intermediary to support small and medium-sized enterprises and mid-caps in Hungary and other EU Member States.

The aim is to enhance access to finance for the target beneficiaries operating in eligible sectors, such as, among others, innovation and environment.

Environmental aspects
Procurement

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

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

Related projects
Parent project
LRS - EU PL RISK SHARING INSTRUMENT
Link to source
Summary sheet
RAIFFEISEN BANK HUNGARY LRS ENHANCED SUPPORT

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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