Digital FW Czechia - Ceska Sporitelna

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Overview

The EBRD is considering establishing a lending facility of up to EUR 135.5 million to Ceska Sporitelna AS ("Ceska") a commercial bank incorporated in Czechia, for on-lending to eligible SMEs and mid-caps, supporting investments in digitalisation and automation (the "Project"). The facility would be implemented under the EBRD Digital Transformation Framework (the "Framework"), which the EBRD is currently considering establishing.

Project ID 56540

Status Exploratory

Location

Czechia

Business Sector

Financial Institutions

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Company Contact Information

Ceska sporitelna, a.s.
http://www.csas.cz
Budejovická 1518/13a,b Praha 4, 140 00 Czech Republic

Project ID 56540

Status Exploratory

Location

Czechia

Business Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

11 Feb 2026

Disclosure date

09 Jan 2026

Project Description

Project Objectives

The proposed Project with Ceska is a cornerstone of the EBRD's Digital Transformation Framework for Czechia, designed to address structural gaps in SME and mid-cap financing. It directly supports the country's strategic priorities of (i) accelerating digitalisation, (ii) fostering regional inclusion, and (iii) advancing the green transition.

Transition Impact

Competitive: The Project will (i) support the expansion of on-lending to digital investments, supporting final beneficiaries to adopt digital and automation technologies that help improve their competitiveness and (ii) lead to the expansion of the digital ecosystem in Czechia and an improvement in Sub-borrowers' operational metrics.

Inclusive: The Project will improve access to finance for underserved market segments, improving their financial inclusion with demonstrably high need and robust effectiveness.

Client Information

CESKA SPORITELNA AS

Ceska is the largest bank in Czechia with 19% market share by total assets and has the largest loan book with 24% market share as of YE2024. Ceska services more than 4.6 million customers through 337 branches and its digital banking platform (with now more than half of its customers using this platform). Ceska is rated A1/A by Moody's and Fitch, and is 100% owned by Erste Group Bank.

EBRD Finance Summary

Up to EUR 135,500,000.

Total Project Cost

Up to EUR 135,500,000.

Additionality

Additionality will be achieved by combining the necessary long-term financing in the form of a credit line, with technical support and targeted investment incentives into a package that promotes digital transformation of Czechia's SME and mid-caps segment.

Green assessments

The Project is determined aligned with the Paris Agreement based on the application of the EBRD's Paris alignment approach for indirectly financed investments.

Technical Cooperation and Grant Financing

The Czech Ministry of Industry and Trade ("MIT") is looking to support the Project by providing a contribution to co-finance final recipient loans and fund the cost of capital rebates. The contribution is funded by the European Union's European Regional Development Fund (ERDF).

Company Contact Information

Ceska sporitelna, a.s.
http://www.csas.cz
Budejovická 1518/13a,b Praha 4, 140 00 Czech Republic

Implementation Summary

PSD Last Updated

09 Jan 2026

Understanding transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with the EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”. The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank's activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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Digital FW Czechia - Ceska Sporitelna

Overview

Project timeline

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Green assessments

Technical Cooperation and Grant Financing

Company Contact Information

Implementation Summary

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)

Digital FW Czechia - Ceska Sporitelna

Overview

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Environmental and Social Summary

Green assessments

Technical Cooperation and Grant Financing

Company Contact Information

Implementation Summary

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)