The National Development Bank (NRB)

The National Development Bank (NRB) is a specialised banking institution operating in the public interest and supporting the sustainable economic and social development of the Czech Republic and its regions.

 Using funds from the state budget, regional budgets and European funds, the bank provides financial instruments in the form of preferential guarantees, loans or equity financing. The NRB also provides advisory services addressing energy savings and the development of public infrastructure. The services of the National Development Bank are mainly available to small and medium-sized enterprises, regions and municipalities.

The NRB performs the role of a national promotional bank in accordance with Government Resolution No. 574 of 21 August 2017 on the Project of Transformation of Českomoravská záruční a rozvojová banka, a.s. (ČMZRB, established in 1992) into the National Development Bank, a.s. (NRB, j.s.c.). The shareholder of the National Development Bank is the Czech Republic, with shareholder rights jointly exercised by the Ministry of Finance, the Ministry of Industry and Trade and the Ministry of Regional Development. In accordance with the economic policy goals of the Czech Government, the Bank primarily assists the development of small and medium-sized enterprises, infrastructure and other sectors of the economy which require public support. More information here.

The Bank acts as a national centre of competence for financial instruments and complements the private sector's offer of financial products. Thus, it helps to overcome potential market failures. The Bank's activities are based on the long-term financial sustainability of the financial products implemented, targeting the Czech business, regions and municipalities. The NRB communicates with clients through its branch network in Prague, Brno, Ostrava, Pilsen and Hradec Králové.

The Bank provides mainly:

• Support to small and medium-sized enterprises in the form of preferential guarantees and loans, using the state budget, EU and regional funds;
• Preferential loans for the development of infrastructure of regions, towns and municipalities;
• Consultancy in the field of energy savings and public infrastructure development

Support in the form of equity instruments is implemented through the National Development Investment (NRI), the subsidiary 100% owned by the NRB. The purpose of the subsidiary company NRI is to support public and private investment through equity and quasi-equity financial instruments that are based on the principle of return. The company pursues this objective through the management of financial instruments and fund of funds, where investors are state administration bodies. More information on https://www.nrinvesticni.cz/.

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