Bank to donate millions
Meanwhile, one of the three largest Czech banks, Ceska sporitelna, said it would donate 50 million crowns to the flood-affected areas to help repair the damage. The bank will also offer soft loans to regions, municipalities, companies, and individuals.
Meanwhile, one of the three largest Czech banks, Ceska sporitelna, said it would donate 50 million crowns to the flood-affected areas to help repair the damage. The bank will also offer soft loans to regions, municipalities, companies, and individuals. The bank is also ready to allocate 1 billion crowns for special loans to be granted to regional administration bodies, municipalities, and small and mid-sized businesses, with interest rates three percentage points below the standard rates.
Author:
Vladimír Tax
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