Release date: 2 May 2019
Promoter – Financial Intermediary
SANTANDER CONSUMER BANK SALocation
Description
The project consists of a guarantee on an existing portfolio of assets, aimed at supporting new financing for small and medium-sized enterprises (SMEs), micro-enterprises and women's economic empowerment in Poland.
Objectives
This operation will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps in Poland, with a specific focus on micro-enterprises.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
PLN 300 million (EUR 70 million)
Total cost (Approximate amount)
PLN 1680 million (EUR 395 million)
Environmental aspects
Final beneficiaries will be requested to comply with the applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with the applicable national and EU legislation, as appropriate.
Status
Signed - 5/07/2019
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).