Release date: 3 May 2004
Promoter – Financial Intermediary
K&H Bank Rt.
Vigadó tér I.
H-1051 Budapest
Location
Description
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.
Objectives
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.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 m.
Total cost (Approximate amount)
Minimum EUR 200 m.
Environmental aspects
The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.
Procurement
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.
Status
Signed - 30/11/2005
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).