Release date: 8 March 2006
Promoter – Financial Intermediary
ČSOB Leasing AS
Československá obchodní banka AS
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 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 or municipalities. A first global loan has been successfully implemented.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 40 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 - 7/11/2006
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).