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

    Signature(s)

    Amount
    € 554,614,066.59
    Countries
    Sector(s)
    Poland : € 554,614,066.59
    Credit lines : € 554,614,066.59
    Signature date(s)
    3/12/2020 : € 111,774,305.32
    29/01/2021 : € 220,731,061.27
    5/02/2021 : € 222,108,700

    Summary sheet

    Release date
    16 June 2020
    Status
    Reference
    Signed | 03/12/2020
    20200388
    Project name
    Promoter - financial intermediary
    PFR COVID-19 SUPPORT TO SMES IN POLAND
    ACCEPTABLE BANK(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 1500 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    The project, which is part of the EIB's immediate economic response to the COVID-19 pandemic, will support the Polish Development Fund to cover the financial needs of SMEs and midcaps in the country that have been affected by the crisis. The whole Polish Development Fund programme is estimated to provide subsidies to 670k SMEs.

    The aim is to enhance access to finance for eligible projects carried out by SMEs and midcaps under the COVID-19 initiatives. Through subsidised loans, the programme will finance the working capital needs of the target beneficiaries, which will enable them to continue running their businessess and thus maintain as many jobs as possible.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    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).

    News & Stories

    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