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    Référence: 20210769
    Date de publication: 19 mai 2022

    Promoteur – Intermédiaire Financier

    MAGYAR EXPORT-IMPORT BANK ZRT

    Lieu

    Description

    The proposed operation is to support the Green Financing Framework of Hungarian Eximbank and to provide funding for eligible projects of small and medium-sized enterprises (SMEs), mid-caps and other corporates.

    Additionality and Impact

    Dedicated EIB loan to finance investments promoted by small and medium-sized enterprises (SMEs) (50%)and Mid-Caps (20%) operating in different sectors in Hungary. The additional 30% of the facility will be dedicated to eligible projects of corporates aimed at promoting Climate Action and Environmental Sustainability. Overall, the operation targets 50% CAES contribution. A significant part of the operation allocations will take place in convergence areas (85%). 

    The Intermediary has demonstrated a satisfactory general understanding of the Bank's eligibility criteria, and is currently developing procedures and expertise to ensure it can implement them.

    The considerable financial value added and long tenor can facilitate the implementation of the Intermediary's green programme and the Bank participation can signal toward the market that the green strategy of borrower is sound and worth of support.

    EIB participation will contribute to the diversification of the borrower's financing base in terms of maturity, while interest rate conversion and fixing possibilities are also unique compared to other financing sources.

    Objectifs

    The Bank's funding will be used to finance eligible investments of SMEs, mid-caps and large corporates having significant climate action components.

    Secteur(s)

    Montant BEI envisagé (montant approximatif)

    EUR 100 million

    Coût total (montant approximatif)

    not applicable

    Aspects environnementaux

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

    Passation des marchés

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

    Statut

    Signé - 22/11/2022

    Clause de non-responsabilité

    Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
    Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

    Mots-clés correspondants

    Hongrie Énergie Transports Lignes de crédit