Signature(s)
Amount
€ 40,000,000
Countries
Sector(s)
Czechia
: € 40,000,000
Credit lines
: € 40,000,000
Signature date(s)
5/11/2002 : € 20,000,000
5/11/2002 : € 20,000,000
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Data sheet
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Summary sheet
Release date
5 July 2002
Status
Reference
Signed | 05/11/2002
20020360
Project name
Promoter - financial intermediary
Volksbank Czech Republic Global Loan
Volksbank CZ a.s. / VB Leasing CZ spol. s.r.o.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million
Minimum EUR 80 million
Location
Sector(s)
Description
Objectives
Financing of small- and medium-scale projects in the field of environmental protection, energy savings, infrastructure, industry, services or tourism in the Czech Republic.
The global loan would contribute to the development of term finance in the Czech Republic. Through the financial intermediary, the global loan would provide long-term funding for eligible projects promoted notably by SMEs or smaller municipalities.
Environmental aspects
Procurement
The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.
The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, in particular for the award of public sector contracts, as appropriate.
Comments
Financial
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Summary sheet
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Data sheet
Related press
News & Stories
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