Release date: 15 October 2008
Location
Description
Risk sharing facility for the financing of SMEs and small scale projects in Hungary.
Objectives
The proposed operation aims at sharing risk on projects which are undertaken by private promoters, with priority for SMEs, eligible for EIB financing under the eligibility criteria of credit lines.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million.
Total cost (Approximate amount)
EUR 100 million.
Environmental aspects
The Borrower will be required to ensure compliance of projects financed with applicable national and EU environmental legislation.
Procurement
The Borrower will be required to ensure compliance of projects financed with applicable national and EU procurement legislation.
Status
Signed - 11/02/2011
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).