MFB Municipal Infrastructure Programme Global Loan

Promoter – Financial Intermediary

Magyar Fejlesztési Bank Rt. (MFB)
Nádor utca 31.
H- 1051 Budapest

Location

• Hungary

Description

Global Loan.

Objectives

Through the financial intermediary, the global loan would contribute to the development of eligible projects promoted by local municipalities.

Comments

Environment (water, wastewater treatment, municipal solid waste management excl. hazardous waste), municipal infrastructure incl. local public transport, rational use of energy, health, education, and urban renewal.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 100 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

The financial intermediary will be requested to ensure compliance of the sub-projects with relevant national and EU Directives, as appropriate.

Procurement

The financial intermediary will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.

Status

Signed - 22/11/2005