The European Investment Bank (EIB) is lending €350 million to Czech bank Ceskoslovenska Obchodni Banka (CSOB) to expand green and other financing for a range of businesses in the country. Thanks to this cooperation CSOB and its leasing unit will offer financing on favourable terms, helping SMEs and Mid-Caps to diversify their funding sources and improve their financial viability. Part of the funds will be allocated for climate action and environmental sustainability.