NRB

Subsidiaries

The NRB currently has two subsidiaries: National Development Investment and Czech Export Bank (CEB).

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National Development Investment

National Development Investment, a.s., a venture capital company wholly owned by National Development Bank, a.s., focuses on supporting public and private investments through equity and quasi-equity financial instruments based on the principle of revolving financing.

The company fulfils its mission by managing financial instruments and fund of funds structures, with the relevant public authorities acting as investors.

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Czech Export Bank

Czech Export Bank, a.s. (CEB) focuses on export financing, supports the competitiveness of export-oriented businesses, and facilitates the international expansion of Czech companies through investments abroad.

It also plays an important role in supporting the Czech defence and security industry. In January 2026, CEB became a wholly owned subsidiary of National Development Bank, a.s.

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