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    Reference: 20050485
    Release date: 26 September 2006

    Promoter – Financial Intermediary

    Česká spořitelna, a.s.

    Location

    Description

    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.

    Objectives

    The global loan would contribute to the development of term- finance. Through the financial intermediary, the global loan would provide long-term funding for eligible projects promoted notably by SMEs or municipalities.

    Comments

    Financial

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million.

    Total cost (Approximate amount)

    Not applicable.

    Environmental aspects

    The financial intermediary will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.

    Procurement

    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.

    Status

    Signed - 22/11/2006

    Disclaimer

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

    Related tags

    Czech Republic Credit lines