MONETA finances loans for CZK 15.9bn in 1-3Q

Published: 07.10.2020 Related countries:  United Kingdom United Kingdom

In 1-3Q 2020, MONETA Money Bank provided Czech self-employers, entrepreneurs, and firms with CZK 15.9bn.

Loans guaranteed by the state totalled CZK 2.5bn. The bank provides a maximum interest rate of 4.9% to parties interested in the program COVID III. It registers 3,352 applications for loans in the volume of CZK 5.45bn in guarantee programs supporting firms in relation to the coronavirus pandemic. A total of 1,989 companies and entrepreneurs have already started to withdraw their loans.

Source: ČIA