Last year, the EIB Group, which consists of the EIB and the EIF, provided loans, guarantees and equity commitments worth €1.4 billion in the Czech Republic. The EIB Group maintained the high level of investment reached in 2019.
The EIB signed a €70 million loan (equivalent to CZK 1.8 billion) with MONETA, one of the largest retail and small business banks in the Czech Republic, to support SMEs and mid-cap companies. MONETA’s primary focus is consumer finance and SME lending, particularly in the agriculture sector.
The EIB signed a CZK 3.43 billion loan (equivalent to €130 million) with CD Cargo, the largest Czech railway transport provider, to support the acquisition of new electric locomotive and replacement of obsolete rolling stock. CD Cargo is the subsidiary company of České dráhy, the national passenger rail carrier fully owned by the Czech Republic.