Release date: 27 April 2007
Promoter – Financial Intermediary
CIB BANKLocation
Description
Credit line to EIB financial intermediary for financing of projects in Hungary.
Objectives
To finance SMEs and projects of limited scale in the field of infrastructure, industry and services in Hungary.
Comments
Sectors eligible under credit lines, including environmental protection and improvement, rational use of energy, health and education, development of knowledge-based economy and public infrastructure, industry and services.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Projects financed under the global loan will have to comply with relevant Hungarian and EU environment regulation.
Procurement
Projects financed under the global loan will have to comply with the relevant Hungarian and EU public procurement regulation.
Status
Signed - 25/03/2008
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).