Release date: 26 February 2009
Promoter – Financial Intermediary
MFB MAGYAR FEJLESZTÉSI BANK ZRT.
Location
Description
Dedicated credit line for mid cap companies in Hungary.
Objectives
The proposed mid cap loan is fully consistent with the strategic priority given to convergence financing by the Bank. The loan is expected to be mainly utilised for the financing of investments in the industry and services sectors. The proposed loan is therefore eligible under Article 267 paragraph (c) of the EC Treaty.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million.
Total cost (Approximate amount)
Not apllicable.
Environmental aspects
The Intermediary will be required to ensure compliance of projects financed under the EIB loan with applicable national and EU legislation.
Procurement
The Intermediary will be required to ensure compliance of projects financed under the EIB loan with applicable national and EU legislation.
Status
Signed - 8/06/2009
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).