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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Poland : € 150,000,000
    Credit lines : € 150,000,000
    Signature date(s)
    14/09/2012 : € 50,000,000
    23/09/2011 : € 100,000,000

    Summary sheet

    Release date
    10 June 2011
    Status
    Reference
    Signed | 23/09/2011
    20110197
    Project name
    Promoter - financial intermediary
    Bank Zachodni WBK Loan for SMEs II

    Bank Zachodni WBK

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    Not applicable
    Location
    Sector(s)
    Description
    Objectives

    Financing of small and medium sized venture undertaken by eligible SMEs in industry and services in Poland.

    As a dedicated loan to all eligible SMEs (e.g. industry, services, etc.) and in line with the revised EIB policy for SME lending, the amount of each allocation under the EIB loan may reach up to 100% of the intermediary’s sub-loan, capped at EUR 12.5m. However total share of the EIB allocations will not exceed 50% of the promoter’s total SME eligible loan portfolio signed during the EIB loan’s allocation period.

    Environmental aspects
    Procurement

    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.

    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.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative 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.

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