Release date: 23 February 2010
Promoter – Financial Intermediary
MFB Magyar Fejlesztesi Bank ZRT
Location
Description
Credit line for the financing of small and medium-scale projects and SME's with up to 250 employees.
Objectives
The proposed loan falls under the scope of the EU objectives through its contribution to regional development and towards increasing competitiveness and productivity of SMEs, as well as providing support to public sector promoters, in particular local and regional authorities, public and private utility companies.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million.
Total cost (Approximate amount)
Not applicable
Environmental aspects
The Intermediary will be required to ensure compliance of projects 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 - 7/10/2010
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).