Release date: 8 December 2003
Promoter – Financial Intermediary
Ceska Sporitelna, a.s. and Leasing Ceské sporitelny, a.s.Location
Description
Financing of small- and medium-scale projects in particular in the fields of environmental protection, energy savings, infrastructure (including health and education), industry, services, tourism or projects enhancing the knowledge based economy (i2i) in the Czech Republic.
Objectives
The global loan would contribute to the development of term finance in the Czech Republic. Through the financial intermediary, the global loan would provide long-term funding for eligible projects promoted notably by SMEs or smaller municipalities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million.
Total cost (Approximate amount)
Minimum EUR 200 million.
Environmental aspects
The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.
Procurement
The financial intermediaries will be requested to ensure compliance of the sub-projects with EU Directives, in particular for the award of public sector contracts, as appropriate.
Status
Signed - 11/06/2004
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).