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EIB and CIB Bank Sign €100 Million Partnership to Support Hungary's Mid-Sized Firms
Nov 07, 2026
Contract Type
partnership
HungaryFinancial ServicesFinanceLendingBanking
Description
The European Investment Bank (EIB) and Hungary's CIB Bank have signed a €100 million risk-sharing agreement aimed at assisting mid-sized businesses in obtaining financing. This partnership is set to facilitate up to €200 million in new loans, enhancing productivity and competitiveness in Hungary.
Company Information
Company
CIB Bank
Location
Hungary
About
CIB Bank, part of the Intesa Sanpaolo Group, is a prominent bank in Hungary that provides various financial services. They focus on serving individuals and businesses with tailored solutions. The bank has a strong commitment to supporting the economic development and employment in Hungary.