Release date: 25 August 2023
Promoter – Financial Intermediary
RAIFFEISEN BANK ZRTLocation
Description
The operation consists in a credit line to the financial intermediary to support small and medium-sized enterprises and mid-caps in Hungary and other EU Member States.
Objectives
The aim is to enhance access to finance for the target beneficiaries operating in eligible sectors, such as, among others, innovation and environment.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 80 million
Total cost (Approximate amount)
EUR 220 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU environment and procurement legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU environment and procurement legislation, as appropriate.
Status
Under appraisal
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).