EIB provides €100 million financing to Eximbank Hungary

The European Investment Bank has announced a new €100 million financing agreement with Eximbank Hungary to support green investments in Hungary.

• The financing will back renewable energy, energy efficiency, clean mobility, and other eligible projects aligned with REPowerEU objectives, including solar PV, industrial and commercial building upgrades, and electric vehicles.
• EIB Vice-President Marko Primorac and EXIM Hungary CEO Zalán Kiss said the agreement will help Hungarian companies reduce fossil fuel dependence, lower energy costs, and improve competitiveness; the article also cites EIB Group background information and EXIM Hungary’s role as Hungary’s export credit agency.