The social development bank for Europe

Public sector and MSME support with CSOB CZ

  • Approval date

    30 September 2022

  • Borrower

    Československá Obchodní Banka, A. S.

  • Country

    Czech Republic

  • Loan size

    € 60 000 000

  • Line of action

    Inclusive growth

  • Status

    In progress

Long term funding to municipalities, public, private or mixed entities through CSOB for the revitalisation and modernisation of public infrastructure, including co-financing of the European Structural and Investment Funds and/or EU Recovery and Resilience Facility. Working capital and investment financing via CSOB to support MSMEs with priority for the investments in green economy, innovation and R&D.

Final beneficiaries: the inhabitants of municipalities and regions benefitting from investments in public services throughout the Czech Republic, as well as the employees of eligible MSMEs and job seekers.