Release date: 10 April 2006
Promoter – Financial Intermediary
ERSTE BANK
Rumbach S. u. 19-21.
H-1075 Budapest
Hungary
Mrs Edit Papp, Member of the Board of Directors
Tel.: +36 (1) 488-1203
Location
Description
Global Loan.
Objectives
The financing of eligible small and medium sized projects promoted by small and medium sized enterprises (SMEs) or other private and public promoters.
Comments
Sectors eligible under global loans, including environment, infrastructure, development of knowledge-based economy, rational use of energy, health, education, urban renewal, industry, services, tourism.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 80 million.
Total cost (Approximate amount)
Not Applicable.
Environmental aspects
The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.
Procurement
The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, in particular for the award of the public sector contracts, as appropriate.
Status
Signed - 2/07/2007
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).