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    Reference: 20160958
    Release date: 8 March 2017

    Promoter – Financial Intermediary

    BANK OCHRONY SRODOWISKA SA

    Location

    Description

    Multi-beneficiary intermediated loan to fund the lending activity of Bank Ochrony Srodowiska S.A. to small and medium-sized enterprises (SMEs), mid-caps and public sector entities in Poland, with a dedicated climate action window

    Objectives

    The project aims to provide financing intermediated by Bank Ochrony Srodowiska S.A. for small and medium-scale projects carried out by SMEs, mid-caps and public sector entities with a dedicated window for activities related to climate action.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 75 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    In accordance with the Bank's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment and public procurement, the Bank will require the intermediary institution to take all requisite measures to ensure that the environmental and procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances comply with relevant EU legislation and applicable national legislation, provided that it is in conformity with EU rules.

    Procurement

    In accordance with the Bank's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment and public procurement, the Bank will require the intermediary institution to take all requisite measures to ensure that the environmental and procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances comply with relevant EU legislation and applicable national legislation, provided that it is in conformity with EU rules.

    Status

    Signed - 13/06/2017

    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