Release date: 6 January 2012
Promoter – Financial Intermediary
Ceska Sporitelna a.s.
Location
Description
Loan for the financing small and medium-sized projects promoted by SMEs and Mid-Caps in the Czech Republic.
Objectives
Improving access to term finance, an estimated 70% of allocations will be directed towards small and medium-sized projects and enterprises while the residual amount should benefit Mid-Caps. A majority of investments should be located in Convergence Regions and a significant number will be for innovation. There will be also important investments in Energy Efficiency in buildings.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
The Intermediary will be required to ensure that final beneficiaries undertake to comply with applicable national and EU legislation.
Procurement
The Intermediary will be required to ensure that final beneficiaries undertake to comply with applicable national and EU legislation.
Status
Signed - 30/08/2012