Profile, Českomoravská záruční a rozvojová banka, a.s.

Established in January 1992 as a specialized banking institution on the initiative of the Ministry of Economy in cooperation with major Czech banks, at that time.
Since the beginning, CMZR Bank´s activities have been primarily focused on providing support to small and medium-sized enterprises within programmes of assistance launched by the Government of the Czech Republic. Involvement in financing housing development has extended CMZR Bank´s scope of activities since 1997. Starting with financing specific infrastructure projects in 2000, CMZR Bank has become a financial institution able to provide tailored services to wide range of clients.

Joint stock company, instituted pursuant to the Banking Act (No. 21/1992 Coll.).
Shareholders:
- 72 % state owned (equal shares of Ministry of Industry and Trade, Ministry of Finance, Ministry for Regional Development),
- 28 % held by 3 leading banks (ČS, KB, ČSOB);
- detailed shareholders´ participation can be found in the last Annual Report.

ČMZRB is the only promotional bank in the Czech Republic entrusted with the administration of funds disbursed within the programmes of assistance launched by the Government to help the development of small and medium-sized entrepreneurship (SME) using financial resources from national or EU funds. The Bank´s activities result from its long-term strategy oriented to contributing to the implementation of the economic policy of the Government of the Czech Republic and its regions.
The Bank shall be involved in the realization of state policy enabling easier acces to finance for SMEs, as well as in the field of financing infrastructure-oriented projects (water sector schemes, transport infrastructure), municipal and housing development (apartment houses reconstruction), or other spheres, which require support of public finance.