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BGK GLOBAL LOAN

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Poland : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
1/02/2006 : € 100,000,000
Link to source
Data sheet
BGK GLOBAL LOAN
Other links
Summary sheet
BGK Global Loan

Summary sheet

Release date
25 October 2005
Status
Reference
Signed | 01/02/2006
20040419
Project name
Promoter - financial intermediary
BGK Global Loan
Bank Gospodarstwa Krajowego (BGK)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Approx. EUR 100 million
Min. EUR 200 million
Location
Sector(s)
Description
Objectives

A global loan for the financing of mainly small-scale projects promoted by the public sector entities in the fields of infrastructure, environment, energy, health, education and knowledge-based economy in Poland.

The proposed global loan aiming at financing small-scale projects promoted by public authorities throughout Poland would enhance the Bank’s support in favour of the modernisation of local infrastructures. It can be expected that in some cases the Bank’s involvement will provide an additional source of co-financing of Community programmes, thus enhancing the speed of their implementation.

Environmental aspects
Procurement

Compliance with EU and national environmental legislation and guidelines will be made a condition for each sub-project under the global loan.

Compliance with EU Directives and national legislation and guidelines is made a condition for each allocation under the global loan.

Link to source
Summary sheet
BGK Global Loan
Other links
Data sheet
BGK GLOBAL LOAN

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning 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, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the 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 and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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