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        RAIFFEISEN BANK HUNGARY LRS ENHANCED SUPPORT

        Summary sheet

        Release date
        25 August 2023
        Reference
        20220856
        Project name
        Promoter - financial intermediary
        RAIFFEISEN BANK HUNGARY LRS ENHANCED SUPPORT
        RAIFFEISEN BANK ZRT
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 80 million
        EUR 220 million
        Location
        Sector(s)
        Description
        Objectives

        The operation consists in a credit line to the financial intermediary to support small and medium-sized enterprises and mid-caps in Hungary and other EU Member States.

        The aim is to enhance access to finance for the target beneficiaries operating in eligible sectors, such as, among others, innovation and environment.

        Environmental aspects
        Procurement

        Final beneficiaries will be requested to comply with applicable national and EU environment and procurement legislation, as appropriate.

        Final beneficiaries will be requested to comply with applicable national and EU environment and procurement legislation, as appropriate.

        Related projects
        Parent project
        LRS - EU PL RISK SHARING INSTRUMENT

        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).

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