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    Reference: 20190768
    Release date: 29 October 2020

    Promoter – Financial Intermediary

    MONETA MONEY BANK AS

    Location

    Description

    Loan for the financing of small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps in the Czech Republic. The eligibility criteria will reflect the EIB's priority to deal with the consequences of the COVID-19 crisis.

    Objectives

    Financing of small/medium projects carried out by SMEs and mid-caps. This operation will also contribute to mitigating the negative economic effects of the COVID-19 pandemic.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 70 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

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

    Procurement

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

    Status

    Signed - 10/12/2020

    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