Release date: 8 May 2020
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
The project will enhance access to finance SMEs and Midcaps affected by the COVID-19 crisis in Hungary.
Objectives
The aim is to finance eligible investments, as well as to provide short-term financing, that help to mitigate negative economic impact of the epidemic.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 50 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 - 17/12/2020
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).