Financing of small and medium sized ventures undertaken by eligible SMEs in industry and services in Poland.
Objectives
Improving access to term finance at favourable conditions, the loan will provide an alternative source of funding to strengthen the productivity and competitiveness of eligible SMEs in Poland.
Comments
Sector(s)
Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
In accordance with the Bank's policy to ensure that sub-loans comply with relevant EU legislation, 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 legislation.
Procurement
The legal documentation will oblige the intermediary bank to ensure that any procurement procedures are done in accordance with EIB guidelines and the relevant applicable EU rules.
Status
Approved
-
20/12/2012.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments regarding the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, EIB can also be contacted through its external offices.
Queries regarding details of a specific project, in particular when EIB loan is under appraisal, should be preferably addressed directly to project promoters.
Any complaint regarding alleged maladministration can be lodged to EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero-tolerance against fraud and corruption
The EIB has a zero-tolerance policy on fraud or corruption. To report allegations of fraud or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.
