Release date: 2 July 2012
Promoter – Financial Intermediary
MFB MAGYAR FEJLESZTESI BANK ZRTLocation
Description
Global Loan for financing of small and medium-scale projects promoted by public sector entities and SMEs with up to 250 employees.
Objectives
The 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, as well as public and private utility companies.
Sector(s)
Proposed EIB finance (Approximate amount)
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 under the EIB loan with applicable national and EU legislation.
Status
Signed - 9/10/2012
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).