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CSOB LEASING CZ COVID19 RESPONSE FOR SME&MIDCAPS

Signature(s)

Amount
€ 130,000,000
Countries
Sector(s)
Czechia : € 130,000,000
Credit lines : € 130,000,000
Signature date(s)
2/12/2020 : € 130,000,000

Summary sheet

Release date
13 May 2020
Status
Reference
Signed | 02/12/2020
20190681
Project name
Promoter - financial intermediary
CSOB LEASING CZ COVID19 RESPONSE FOR SME&MIDCAPS
CSOB LEASING AS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 130 million
not applicable
Location
Sector(s)
Description
Objectives

The project consists of a loan to CSOB to enhance access to finance mainly for SMEs, midcaps and other eligible public and private entities across the country. The eligibility will reflect the priority of dealing with the consequences of COVID-19 crisis.

The aim is to facilitate financing of small/medium projects carried out mainly by SMEs and midcaps. This operation will contribute to mitigate the negative economic effects of the coronavirus.

Environmental aspects
Procurement

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.

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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).

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