Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 31,188,597.45
Countries
Sector(s)
Poland : € 31,188,597.45
Credit lines : € 31,188,597.45
Signature date(s)
18/08/2008 : € 31,188,597.45
Link to source
Other links

Summary sheet

Release date
28 February 2008
Status
Reference
Signed | 18/08/2008
20080078
Project name
Promoter - financial intermediary
BRE Mortgage Municipal GL II
Polish municipalities or municipal companies providing public services
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
PLN 200 million (EUR 55.19 million)
Not applicable
Location
Sector(s)
Description
Objectives

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.

Environmental aspects
Procurement

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.

Link to source
Other links

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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

Related publications