Release date: 26 September 2024
Promoter – Financial Intermediary
SANTANDER BANK POLSKA SA,SANTANDER CONSUMER BANK SA,SANTANDER LEASING SALocation
Description
The project concerns a guarantee (synthetic securitisation) covering an existing portfolio of loans and leases to small and medium sized enterprises and mid-caps in Poland.
Objectives
The aim is to enhance access to finance to the final beneficiaries. The operation is expected to have a significant contribution to gender equality.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
PLN 2150 million (EUR 503 million)
Total cost (Approximate amount)
PLN 4816 million (EUR 1128 million)
Environmental aspects
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal - 29/07/2024
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).