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    Signature(s)

    Amount
    € 75,000,000
    Countries
    Sector(s)
    Poland : € 75,000,000
    Credit lines : € 75,000,000
    Signature date(s)
    13/06/2017 : € 75,000,000

    Summary sheet

    Release date
    8 March 2017
    Status
    Reference
    Signed | 13/06/2017
    20160958
    Project name
    Promoter - financial intermediary
    BANK OCHRONY SRODOWISKA CLIMATE ACTION MBIL
    BANK OCHRONY SRODOWISKA SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 75 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    Multi-beneficiary intermediated loan to fund the lending activity of Bank Ochrony Srodowiska S.A. to small and medium-sized enterprises (SMEs), mid-caps and public sector entities in Poland, with a dedicated climate action window

    The project aims to provide financing intermediated by Bank Ochrony Srodowiska S.A. for small and medium-scale projects carried out by SMEs, mid-caps and public sector entities with a dedicated window for activities related to climate action.

    Environmental aspects
    Procurement

    In accordance with the Bank's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment and public procurement, the Bank will require the intermediary institution to take all requisite measures to ensure that the environmental and procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances comply with relevant EU legislation and applicable national legislation, provided that it is in conformity with EU rules.

    In accordance with the Bank's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment and public procurement, the Bank will require the intermediary institution to take all requisite measures to ensure that the environmental and procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances comply with relevant EU legislation and applicable national legislation, provided that it is in conformity with 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).

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