ING Bank, Rt., Budapest
MIGA insured ING's loan to expand its current banking operations in Hungary. The $17. 2 million MIGA guarantee covers ING's $24 million loan against the risks of currency transfer and expropriation
Host Country
Hungary
Guarantee Amount
$17.2 million
Sector
Banking
Project Status
Not Active

MIGA insured ING's loan to expand its current banking operations in Hungary. The $17.2 million MIGA guarantee covers ING's $24 million loan against the risks of currency transfer and expropriation.

Project ID
1475
Guarantee Holder
ING Bank, N.V.
Investor Country
Netherlands
Environmental Category
FI
Project Type
Non-SIP
Fiscal Year
1996

Delivering Development with Transparency and Integrity

Need additional information? Reach out to request access.

Related Projects

Azito Energie SA

Côte d'Ivoire
Power
Active
This summary covers the applications by Globeleq Holdings (Cote d’Ivoire) B. V. of Netherlands (Globeleq) and Azito Energie Holding of Cote d’Ivoire, which is owned by Industrial Promotion Services (IPS) and the Aga Khan Fund for Economic Development (AKFED), for

FCS RE Azito 4

Côte d'Ivoire
Power
Active
On January 23, 2020, MIGA issued an additional guarantee covering equity and shareholder loan from Globeleq Holdings (Cote d’Ivoire) B. V. of Netherlands (Globeleq) to the Azito Thermal Power Plant in Côte d’Ivoire in relation to the Phase IV expansion

Kribi Power Development Company S.A.

Cameroon
Power
Proposed
This summary covers an investment by Globeleq Energy Holdings (Cameroon) B. V. of the Netherlands in Kribi Power Development Company S. A. in Cameroon. The investor has applied for a MIGA guarantee of