Signature(s)
Amount
€ 60,000,000
Countries
Sector(s)
Czechia
: € 60,000,000
Credit lines
: € 60,000,000
Signature date(s)
3/12/2007 : € 20,000,000
16/12/2005 : € 40,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
4 August 2005
Status
Reference
Signed | 16/12/2005
20040706
Project name
Promoter - financial intermediary
Volksbank Czech Republic Global Loan III
Volksbank CZ a.s. and Volksbank Leasing CZ spol s.r.o.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 80 million.
Not applicable
Location
Sector(s)
Description
Objectives
Financing of mainly small- and medium-scale projects according to the Bank’s eligibility criteria (incl. health, education and urban renewal), industry, services, tourism, or projects enhancing the knowledge-based economy in the Czech Republic.
The global loan will contribute to the development of term- finance. Through the financial intermediary, the global loan will provide long-term funding for eligible projects promoted notably by SMEs.
Environmental aspects
Procurement
The financial intermediary will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.
The financial intermediary will be requested to ensure compliance of the sub-projects with EU Directives, in particular for the award of public sector contracts, as appropriate.
Link to source
Summary sheet
Other links
Data sheet