Release date: 12 March 2007
Promoter – Financial Intermediary
Diákhitel Központ Zrt.Location
Description
Financing part of the costs of third level studies by providing loans to higher education students through Diákhitel Központ Zrt. (Diákhitel).
Objectives
The project comprises a loan to Diákhitel, which in turn would channel the funds to the final beneficiaries at favourable terms and conditions to contribute to the financing of the cost of their higher education studies and associated living expenses.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million.
Total cost (Approximate amount)
EUR 300 million.
Environmental aspects
Not applicable.
Procurement
In order to conduct its activities Diákhitel outsources some services. Outsourcing has been done in a competitive manner, following the strict procurement regulations that apply to Hungarian State owned companies, supervised by the State Budgetary Institution.
Status
Signed - 30/08/2007
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).