MFB 10
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Approval date
16 March 2018
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Borrower
Hungarian Development Bank (MFB)
- Country
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Loan size
€ 75 000 000
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Line of action
Sustainable and inclusive growth
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Status
Completed
Investments in MSMEs to support the creation and preservation of jobs, via the enhancement of innovation and supplier activity and investments in environmental, health and rural development. Living conditions will be improved through the development of municipal- and public transport infrastructure. As for protecting the environment, the loan will contribute to the funding of renewable energy production. Moreover, it will part-finance the activities of the Student Loan Centre, facilitating access to preferential funding for students in Hungary. Final beneficiaries will be MSMEs employees, job-seekers, people living in Central Hungary or the Great Plain region, farmers and students enrolled in the higher education system across Hungary.
CEB to support MSMEs and finance investments in public infrastructure and education in Hungary
Press release 19 March 2018
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