Summary sheet
Release date
19 April 2023
Status
Reference
Under appraisal | 02/01/2023
20220788
Project name
Promoter - financial intermediary
OTP HU SMES MIDCAPS & CA MBIL
OTP BANK NYRT
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists in a multiple beneficiary intermediated loan (MBIL) to finance eligible investments promoted by small and medium sized enterprises (SMEs) and Midcaps in Hungary.
The aim is to enhance access to loan finance for the target beneficiaries, dedicating at least 20% of the resources to support Climate Action projects.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Milestone
Under appraisal
Link to source
Summary sheet