ČMZRB approved 200 applications for COVD I loan

(ČIA) The Czech-Moravian Guarantee and Development Bank (CMZRB) processed as of April 19, 2020, ca. 1,600 of the 3,200 COVID I loan applications, of which 200 were approved, in the total value of over CZK 700m. The spokesperson for ČMZRB, Marie Lafantová, has told ČIANEWS that all COVID I applications should be processed by the end of April 2020. The criteria for approval of the application included the applicant's creditworthiness, fulfilling the SME definition, unused state aid limit or in the financing of eligible expenditure.



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