Guaranteed loans by EGAP

Published: 26.05.2021 Related countries:  India India

The Export Guarantee and Insurance Corporation (EGAP) approved loan guarantees worth CZK 20.05bn for large Czech exporters.

EGAP guaranteed loans worth CZK 20bn The Export Guarantee and Insurance Corporation (EGAP) approved loan guarantees worth CZK 20.05bn for large Czech exporters. The supported companies include Fermat, Agrostroj, RegioJet, Smartwings, Umbrella, Lasvit and Koh-i-noor Mladá Vožice. The engineering sector received the most guarantees (for loans worth CZK 7.9bn). This sector was followed by carriers (CZK 3.1bn), foundry (CZK 2.9bn) and IT and electronics (CZK 2.7bn). EGAP’s board of directors’ chairman Jan Procházka stated that each approved guarantee on average is worth about CZK 200m.


Source: www.cianews.cz

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