Release date: 25 February 2009
Promoter – Financial Intermediary
PKO BP – the largest Polish bank with the following key business lines: retail banking (including SMEs), corporate banking, housing finance and capital markets. It also has specialised subsidiaries operating in brokerage, investment and pension funds, leasing and internet banking.
Location
Description
Credit line in support of SMEs and public sector promoters.
Objectives
Financing of small/medium scale projects in the field of energy, environment, infrastructure, knowledge economy, health and education, industry, services or tourism in Poland.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, 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 applicable EU and national legislation.
Procurement
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, 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 applicable EU and national legislation.
Status
Signed - 31/07/2009
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).