Reference: 20140004
Release date: 22 January 2014

Promoter – Financial Intermediary

PEKAO LEASING SP ZOO

Location

Description

EIB loan to finance small and medium scale projects to be carried out by SMEs and mid-caps in Poland.

Objectives

Financing of small/medium projects carried out by small and medium sized enterprises.

Comments

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 98 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 - 16/04/2014

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).

Related tags

Poland Credit lines