Czech-Moravian Guarantee and Development Bank (CMZRB) was established in 1992. CMZRB is a specialized fully state-owned banking entity aimed at contributing to the efficient economic development of Czech Republic. Shareholders rights of the Czech Republic are executed by three ministries: Ministry of Industry and Trade, Ministry of Regional Development and Ministry of Finance.
The main mission of CMZRB is to facilitate SMEs´ access to financing through specialised banking products and to assist in developing other selected areas of the economy that require public support.
CMZRB provides its clients with bank guarantees, preferential loans and financial subsidies funded from national resources as well as EU structural funds. Clients may use the services of CMZRB branches in Prague and other four biggest cities (Brno, Hradec Králové, Ostrava and Pilsen). The bank employs about 215 people.
Except AECM, CMZRB is a member of the Network of European Financial Institutions for Small and Medium Sized Enterprises (NEFI) and the European Long-Term Investors Association (ELTI).
|Year of creation|
individual entities or association
|Type of scheme|
guarantee or counter-guarantee
guarantee or counter-guarantee or co-guarantee
i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models
|fully state-owned banking entity|
Private / Public (in %)
|Czech Republic - 100% shareholder|
of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
|Joint stock company|
|Structure / Network|
i.e. central scheme with regional offices, central scheme only, association network
|Headquarters and branch network|
i.e. local, regional, national
i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.
|Industry, Crafts, Retail, Liberal professions, Cooperatives|
|Size of businesses supported|
i.e. large companies, SMEs, micro-enterprises, independent/self-employed
|SMEs, Micro-enterprises, Independent/Self-employed|
i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members
|Supervised by the Czech National Bank|
|Profit / Non-profit oriented|
dividends to public shareholders are not considered as profit orientation
|Are you/your members financial intermediary for EU-programmes?|
CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020
|CIP/COSME, Structural funds - ERDF|
|Types of guarantee products provided by your organisation/your members||Loan default guarantees, Working capital loan guarantees|
|Other SME support instruments offered by your organisation/your members|
Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services
|Is the activity subject to state aid regulation?||Yes|
|Do you (your members) use..?|
De minimis or GBER or Regional guidelines or Notification
|De minimis, GBER|
|Do you (your members) dispose of an internal rating/scoring system?||Yes|
|Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)?||Yes|
|Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)?||No|