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Reference: 20040070
Release date: 13 January 2005

Promoter – Financial Intermediary

Magyarországi Volksbank Rt.
Rákóczi út 7
H-1088 Budapest

Location

Description

Global Loan.

Objectives

The financing of eligible small and medium sized projects promoted by small and medium sized enterprises (SMEs) and private or public promoters of any size and ownership.

Comments

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 60 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 - 18/05/2006

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).

Related tags

Hungary Credit lines