Signature(s)
Summary sheet
Loan for financing small and medium-scale projects promoted by small and medium-sized enterprises (SMEs), mid-caps and other eligible entities, located mainly in the Czech Republic.
The proposed operation will be structured as a multiple beneficiary intermediated loan (MBIL); approximately 75/80% is expected to be allocated by Ceska Sporitelna AS (CSAS) and the remaining 20/25% by Erste Leasing a.s. (ELAS). This would be the first operation with CSAS including a Jobs for Youth Initiative (JfY) component. Under the JfY, the Bank incentivises financial intermediaries to target their lending to those SMEs which contribute to an increase in youth employment.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.