ČMZRB approves 1ST COVID I loans applications

(ČIA) The Czech-Moravian Guarantee and Development Bank (CMZRB) approved the first applications of small and medium-sized enterprises for an interest-free loan from the COVID I program in the volume of CZK 90m. Thanks to cooperation with the Ministry of Industry and Trade (MPO), the applications were approved prior to the originally scheduled start date of the program on April 1, 2020. The bank finalizes preparations for the follow-up COVID II guarantee program, which will be opened on April 1, 2020. The bank supported in 2019 almost 6200 projects worth CZK 16.3bn with its products.



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