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        SB POLSKA COVID-19 RESPONSE FOR SMES & MID-CAPS

        Signature(s)

        Amount
        € 63,797,286.37
        Countries
        Sector(s)
        Poland : € 63,797,286.37
        Credit lines : € 63,797,286.37
        Signature date(s)
        19/06/2020 : € 63,797,286.37
        Other links
        Related EFSI register
        02/09/2020 - EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS
        Parent project
        EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS

        Summary sheet

        Release date
        20 May 2020
        Status
        Reference
        Signed | 19/06/2020
        20190184
        Project name
        Promoter - financial intermediary
        SB POLSKA COVID-19 RESPONSE FOR SMES & MID-CAPS
        SANTANDER BANK POLSKA SA,SANTANDER LEASING SA
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        PLN 284 million (EUR 64 million)
        PLN 1792 million (EUR 405 million)
        Location
        Sector(s)
        Description
        Objectives

        The project consists in a guarantee to support SMEs and midcaps in Poland, part of EIB response to the COVID-19 crisis.

        The guarantee aims at addressing the working capital, liquidity and investment needs of SMEs and midcaps in affected by the pandemic outbreak.

        Environmental aspects
        Procurement

        In line with the EIB's policy to ensure that sub-loans comply with the EU legislation, the Santander Bank Polska is required to take all the required measures to ensure that the final beneficiaries comply with the applicable EU and national legislation.

        In In line with the EIB's policy to ensure that sub-loans comply with the EU legislation, the Santander Bank Polska is required to take all the required measures to ensure that the final beneficiaries comply with the applicable EU and national legislation.

        Related documents
        02/09/2020 - EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS
        Related projects
        Parent project
        EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS

        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).

        scoreboard - EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS
        Publication Date
        1 Sep 2020
        Document Language
        English
        Main Topic
        lending
        Document Number
        133221926
        Document Focus
        EFSI legal requirements
        Document Type
        Scoreboard
        Project Number
        20200267
        Last update
        2 Sep 2020
        Sector(s)
        Credit lines
        Countries
        EU Countries
        Publicly available
        Download now
        or Link to source
        Link to source
        Related EFSI register
        02/09/2020 - EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS
        Other links
        Summary sheet
        SB POLSKA COVID-19 RESPONSE FOR SMES & MID-CAPS
        Data sheet
        SB POLSKA COVID-19 RESPONSE FOR SMES & MID-CAPS
        Parent project
        EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS

        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.

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

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        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.

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        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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