National Development Bank of the Czech Republic explained

The National Development Bank of the Czech Republic (Czech: Národní Rozvojová Banka, NRB), known from 1992 to August 2021 as the Czecho-Moravian Guarantee and Development Bank (Czech: Českomoravská záruční a rozvojová banka), is a public bank headquartered in Prague, Czech Republic. It supports the economic development of Czechia, e.g. by promoting lending to ​​small and medium-sized businesses and infrastructure projects.[1]

Overview

The NRB was established in 1992 as a joint-stock company, and adopted its current name on .[2] It is fully owned by the Czech state, represented by the Ministry of Industry and Trade, the Ministry of Finance, and the Ministry of Regional Development. It is supervised as a bank by the Czech National Bank.

The NRB moved its head office to the Luxembourg Plaza building on Přemyslovska Street in 2023. It has branches in Brno, České Budějovice, Hradec Králové, Ostrava, and Plzeň.

See also

Notes and References

  1. Web site: Finance.cz . ČMZRB: Doplňujeme služby bank a podporujeme tím dostupnost úvěrů . . Elena Ondrová.
  2. Web site: About the Bank. Národní Rozvojová Banka .