MONETA COVID19 RESPONSE FOR SME & MIDCAPS

Promoter – Financial Intermediary

MONETA MONEY BANK AS

Location

• Czechia

Description

Loan for the financing of small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps in the Czech Republic. The eligibility criteria will reflect the EIB's priority to deal with the consequences of the COVID-19 crisis.

Objectives

Financing of small/medium projects carried out by SMEs and mid-caps. This operation will also contribute to mitigating the negative economic effects of the COVID-19 pandemic.

Sector(s)

• Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 70 million

Total cost (Approximate amount)

not applicable

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 10/12/2020