A range of Czech businesses will gain access to more financing due to the European Investment Bank’s (EIB) pledge of CZK 1.4 billion (€55 million) to Ceska Sporitelna (CSAS). The EIB investment, which takes the form of a guarantee on the mezzanine tranche of a synthetic securitisation, will enable CSAS to expand lending to small and medium-sized enterprises (SMEs) and Mid-Caps in the Czech Republic.