Czech-Moravian Guarantee and Development Bank

Czech-Moravian Guarantee and Development Bank, Czech Republic

Czech-Moravian Guarantee and Development Bank, Czech Republic

General information

Českomoravská záruční a rozvojová banka, a.s. (CMZRB) was established on 28th January 1992 as a specialised state-owned banking entity aimed at contributing to the efficient and sustainable economic development of the Czech Republic. The Bank´s shareholder – the Czech Republic - is represented by three ministries: Ministry of Industry and Trade, Ministry of Regional Development and Ministry of Finance.

During its existence the Bank has become an important partner for the central state administration authorities, state funds, some regions and municipalities.

Mission and activities

At present, CMZRB's main mission is to facilitate primarily small and medium-sized enterprises' access to financing through specialised banking products and, in accordance with the economic policy aims of the Government and the regions of the Czech Republic, to assist in developing other selected areas of the economy that require public support.

CMZRB provides its clients, mainly SMEs, with bank guarantees, preferential loans and related banking services.

Furthermore, it manages a comprehensive portfolio of guarantees and grants for renovation of apartment buildings and provides financing to projects improving the quality of municipalities' infrastructure.

CMZRB is the main provider of financial instruments in the Czech Republic funded from both, national resources as well as EU structural funds. Clients may use the services of the CMZR Bank's branches in Prague and in the regional centres of the other four biggest cities (Brno, Hradec Králové, Ostrava and Pilsen). The bank employs approximately 210 people.

Core indicators

  Unit 2012 2013 2014 2015 2016
Total assets CZK mil. 111 706 98 042 127 337 30 999 27 612
Liabilities CZK mil. 106 748 93 591  122 642 26 124 22 253
Shareholder’s equity CZK mil. 4 958 4 451 4 695 4 875 5 359
Share capital CZK mil. 2 132 2 132 2 132 2 132 2 632
Profit after tax CZK mil. 812 348 262 196 28
Guarantee portfolio CZK mil. 19 039 18 129 17 900 19 926 18 922
Capital ratio % 14.4 16.0 17.1 18.5 19.9
Average number of employees   217 216 211 209 209
Number of branches   5 5 5 5 5

Contact

Mr. Petr Krupa – Division of Strategy

Jeruzalémská 964/4
11000 Prague 1, Czech Republic
Tel: +420 255 721 254
Fax: +420 255 721 251
Web:
CMZRB