Signature(s)
Summary sheet
The proposed credit line would support investments in municipal infrastructure, environment, energy, health and education in Poland.
The Bank’s credit line would allow BBH to increase and diversify its long-term funding sources and to step up its longer-term financing of eligible projects. Furthermore, the extension of the cooperation with the Bank’s intermediaries in Poland will ensure continued competition among such intermediaries (resulting in better service for the final beneficiaries and lower financing costs), and enhance the Bank’s presence within the municipal sector in Poland.
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.