Release date: 19 April 2010
Promoter – Financial Intermediary
Magyarorszagi Volksbank Zrt.
Location
Description
Loan for financing small and medium-sized projects carried out primarily by SMEs, mainly in Hungary.
Objectives
Loan for financing small and medium-sized projects carried out primarily by SMEs (at least 70%), local authorities and mid-cap enterprises and financial beneficiaries of any size for investments of limited scale in the fields of the knowledge economy, energy and environmental protection, mainly in Hungary.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 50 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Procurement
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Status
Signed - 30/09/2010
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).