EIB opens office in Czech Republic and signs loan for youth employment
It currently has offices in 19 EU Member States and 19 countries outside the EU.
The EIB also signed a loan contract of EUR 95 million with Komerční Banka to finance projects developed by SMEs and Mid-Cap companies with the aim of supporting youth employment.
The contract signed today with Komerční Banka will help to improve the access of SMEs and Mid-Cap companies to long-term financing and improve the conditions for fighting youth unemployment. The EIB’s total lending commitment in the Czech Republic is EUR 18.4 billion. ■