Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Czechia : € 100,000,000
    Credit lines : € 100,000,000
    Signature date(s)
    23/02/2024 : € 100,000,000

    Summary sheet

    Release date
    26 February 2024
    Status
    Reference
    Signed | 23/02/2024
    20230386
    Project name
    Promoter - financial intermediary
    MONETA LOAN FOR SMES MIDCAPS & OTHER OBJECTIVES
    MONETA MONEY BANK AS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    The project consists of an EUR and/or CZK denominated flexible terms loan to Moneta Money Bank.

    The aim is to improve access to finance to small and medium sized enterprises (SMEs) and mid-caps in the Czech Republic, with a partial dedication to projects in the field of Climate Action and Environmental Sustainability.

    Additionality and Impact

    The operation will provide financing to MONETA Money Bank ("Moneta") with the aim of generating additional lending to Czech SMEs and Midcaps. Moneta has in-depth experience with implementing EIB products and a strong ambition to support green projects through its network of branches in the targeted regions.


    Almost all of the financing unlocked by the EIB is expected to benefit cohesion areas and as such, reduce regional disparities per the EU's cohesion policy. A substantial proportion of the financing is expected to be used in financing CA&ES projects.


    The operation provides Moneta with significant value in the form of attractively priced funding with flexible repayment terms. The blending of EIB funding with Moneta's own resources will allow to offer more favourable financing conditions (longer maturities, lower and flexible rates) to final beneficiaries, thus improving their access to finance.


    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.

    Milestone
    Under appraisal
    Approved
    Signed
    19 January 2024
    23 February 2024

    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).

    News & Stories

    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

    Related publications