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    Signature(s)

    Amount
    € 130,000,000
    Countries
    Sector(s)
    Czech Republic : € 130,000,000
    Credit lines : € 130,000,000
    Signature date(s)
    2/12/2020 : € 130,000,000

    Summary sheet

    Release date
    13 May 2020
    Status
    Reference
    Signed | 02/12/2020
    20190681
    Project name
    Promoter - financial intermediary
    CSOB LEASING CZ COVID19 RESPONSE FOR SME&MIDCAPS
    CSOB LEASING AS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 130 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a loan to CSOB to enhance access to finance mainly for SMEs, midcaps and other eligible public and private entities across the country. The eligibility will reflect the priority of dealing with the consequences of COVID-19 crisis.

    The aim is to facilitate financing of small/medium projects carried out mainly by SMEs and midcaps. This operation will contribute to mitigate the negative economic effects of the coronavirus.

    Environmental aspects
    Procurement

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

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

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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