Reference:
20200356
Release date: 8 May 2020
Release date: 8 May 2020
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
The project will enhance access to finance SMEs and Midcaps affected by the COVID-19 crisis in Hungary.
Objectives
The aim is to finance eligible investments, as well as to provide short-term financing, that help to mitigate negative economic impact of the epidemic.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 17/12/2020