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    Signature(s)

    Amount
    € 80,000,000
    Countries
    Sector(s)
    Poland : € 80,000,000
    Services : € 80,000,000
    Signature date(s)
    10/11/2017 : € 80,000,000
    Link to source

    Summary sheet

    Release date
    25 September 2017
    Status
    Reference
    Signed | 15/11/2017
    20170427
    Project name
    Promoter - financial intermediary
    BZWBK IT LOAN FOR DIGITALISATION
    BANK ZACHODNI WBK SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 80 million
    EUR 175 million
    Location
    Sector(s)
    Description
    Objectives

    The project relates to the financing of the promoter's IT development investment programme over the period 2017- 2019, concerning the digitalisation of its business processes, an update of its technological infrastructure and investments in IT security.

    The project will allow the promoter to modernise and redesign its business processes as well as to develop the digital transformation of its client interaction system.

    Environmental aspects
    Procurement

    The implementation of banking IT systems is not covered by EIA directive 2011/92/EU, as amended. In addition, the project activities are expected to be carried out in existing facilities that are already used for the same purposes and that are not expected to change their scope due to the project.

    The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - BZWBK IT LOAN FOR DIGITALISATION
    Publication Date
    2 Dec 2017
    Document language
    Main Topic
    Lending
    Document Number
    76914693
    Document Focus
    Environmental Information
    Project Number
    20170427
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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    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.
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