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ČEB loans and guarantees up a fraction |
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14. 1. 2008 (Czech business weekly) -
The Czech Export Bank (ČEB) provided Czech exporters, investors and their foreign business partners with loans and guarantees for over Kč 20 billion last year, according to preliminary data, compared to Kč 19.9 billion a year earlier. Export loans and repurchase of export claims reached Kč 13 billion last year. Of this, almost Kč 11.9 billion were export loans to foreign business partners of Czech companies, provided either directly or through their banks. Over 50 percent of all the newly signed contracts are for financing exports to Russia. State owned ČEB mediates state support to exports by providing and financing export loans and other services related to exports.
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