Main information

The Czech-Moravian Guarantee and Development Bank is a special banking institution that carries out activities in the public interest.

The Czech-Moravian Guarantee and Development Bank is the Czech promotional bank. In keeping with the objectives of the economic policy pursued by the Czech Government and the regions, it assists in the development of SMEs, infrastructure and other sectors of the economy requiring public aid.

The Czech-Moravian Guarantee and Development Bank is a special banking institution that carries out activities in the public interest. The bank’s goal is to contribute to and participate in the support of the Czech Republic’s economic and social development by providing financial products under preferential terms.

The bank plays the role of a national promotional bank. The bank’s goal is to complement the range of private-sector financial products and, in doing so, to help overcome existing market failures. The bank’s activities are based on the long-term financial sustainability of the financial products it provides.

The bank’s core products are bank guarantees and preferential loans intended for SMEs and municipalities. The bank provides both operating and investment financing. It also finances family businesses and social enterprises by means of preferential products. In addition, funds may be obtained by start-ups that are also innovative firms and have SME status.

Credits can be granted for business plans to invest in machinery, real estate, energy facilities, or innovations. Guarantees are provided for investment and operating loans and facilitate SMEs’ access to commercial bank loans. The bank also offers the possibility of obtaining bid bonds. Municipalities may finance local infrastructure, living conditions or environmental protection in the area under their administration.

The bank has a subsidiary, ČMZRB Investiční, where the main objective is to support public and private investments through equity and quasi-equity financial instruments, which are based on the ROI principle. The company achieves this objective by managing financial instruments and a fund of funds, in which the investors are relevant governing bodies of state administration.

Riskier layers in the financing of projects, especially in infrastructure, will be covered by the National Development Fund (NRF), a subsidiary of the Czech-Moravian Guarantee and Development Bank. The NRF will finance part of the project costs and, mainly because of the subordinate nature of its financial involvement, will be able to mobilise other private resources.

read more

Additional information

Reference to legal acts

Act No 47/2002 on the Promotion of Small and Medium-Sized Businesses

Responsible Public Authority

Ministerstvo financí
Letenská 525/15
Malá Strana
11800 Praha 1
Datová schránka: xzeaauv

Last checked at 12.01.2021

Help us improve Report an obstacle Contact assistance services