IMPLEMENTATION LEVEL

IFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 06 Dec 2019 | Removal date: open ended

State loan

On 6 December 2019, the European Investment Bank (EIB) signed a credit line agreement with SG Equipment Finance Czech Republic s.r.o having a total approved value of EUR 250 million (approx. USD 276.5 million).

The credit line will, through SG Equipment Finance Czech Republic s.r.o, support small and medium-sized enterprises (SMEs), mid-cap companies and other public or private entities with a special focus on Climate Action investments. The supported companies and other entities will mainly be supported in the Czech Republic.

According to the EIB: "This loan will improve competitiveness and access to finance at favourable conditions for SMEs, mid-caps and other public and private entities with a special focus on climate action investments."

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.

AFFECTED COUNTRIES

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