Money Market Loan

Flexible funding – several tranches under a single loan agreement

Pre-agreed fixed interest rate for a fixed period of time

Arrange individual loans over the telephone

Suitable for short-term liquidity management

Available in CZK, EUR, USD, CHF, and GBP

USEFUL INFORMATION

Short-term loan intended for businesses (sole traders and corporations)
No need to declare specific loan purpose – it is generally intended for funding of short-term business-related needs
Loan term from 1 day (minimum) to 12 months (maximum)
Minimum loan amount is CZK 5 million or foreign currency equivalent converted by current exchange rate of the Czech National Bank prevailing at the loan inception
Loan is available in CZK, EUR, USD, CHF, and GBP
Funds are credited to client’s account specified in a framework agreement
With their short-term nature and attractive interest rates derived from current interbank rates, Money Market Loans are suitable instruments for short-term liquidity management

Individual loans are arranged over the telephone on the basis of a framework agreement concluded at a branch.

The bank acts as a creditor for each single transaction.