Reference:
20100158
Release date: 6 April 2010
Release date: 6 April 2010
Promoter – Financial Intermediary
CIB Bank Zrt.
Location
Description
Financing of small and medium-sized projects undertaken by private or public promoters in Hungary. The loan will also include a mid-cap tranche for industrial projects falling within the credit line limits.
Objectives
The credit line will provide SMEs located in convergence regions with term finance at attractive conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Procurement
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
Status
Signed - 28/03/2011