Release date: 19 April 2018
Promoter – Financial Intermediary
BUDAPEST BANK ZRTLocation
Description
The project consists of the financing of small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps in Hungary.
Objectives
This intermediated loan will improve competitiveness and access to finance at favourable conditions for Hungarian SMEs and mid-caps.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 25 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 - 25/09/2018
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).