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        CMZRB SME GLOBAL LOAN

        Signature(s)

        Amount
        € 22,244,466.66
        Countries
        Sector(s)
        Czechia : € 22,244,466.66
        Credit lines : € 22,244,466.66
        Signature date(s)
        19/11/2007 : € 22,244,466.66

        Summary sheet

        Release date
        19 June 2007
        Status
        Reference
        Signed | 19/11/2007
        20070044
        Project name
        Promoter - financial intermediary
        CMZRB SME Credit Line
        Ceskomoravska zarucni a rozvojova banka a.s. (CMZRB)
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to CZK 600 million.
        Not applicable.
        Location
        Sector(s)
        Description
        Objectives

        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.

        The credit line will provide the Borrower with term finance appropriate for the products it offers to SMEs within EU supported programmes.

        Environmental aspects
        Procurement

        All eligible projects financed under the proposed global loan will comply with EU environmental conditions.

        All eligible projects financed under the proposed global loan will comply with the relevant EU and national procurement regulations.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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