Release date: 19 June 2007
Promoter – Financial Intermediary
Ceskomoravska zarucni a rozvojova banka a.s. (CMZRB)Location
Description
The EIB loan will cofinance programmes for SMEs handled by CMZRB under the Operational Programme Enterprise and Innovation included in the Czech National Strategic Reference Framework 2007-2013, in particular the sub-programme PROGRESS, expected to provide subordinated loans to existing SMEs, the sub-programme ECO-ENERGY, expected to provide loans to SMEs for energy efficiency and renewable energy sources and the sub-programme START, expected to provide loans to start-ups.
Objectives
The credit line will provide the Borrower with term finance appropriate for the products it offers to SMEs within EU supported programmes.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to CZK 600 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
All eligible projects financed under the proposed global loan will comply with EU environmental conditions.
Procurement
All eligible projects financed under the proposed global loan will comply with the relevant EU and national procurement regulations.
Status
Signed - 19/11/2007
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).