BRE Mortgage Municipal GL II

Promoteur – Intermédiaire Financier

Polish municipalities or municipal companies providing public services

Lieu

• Pologne

Description

The proposed credit line would support investments in municipal infrastructure, environment, energy, health and education in Poland.

Objectifs

The Bank’s credit line would allow BBH to increase and diversify its long-term funding sources and to step up its longer-term financing of eligible projects. Furthermore, the extension of the cooperation with the Bank’s intermediaries in Poland will ensure continued competition among such intermediaries (resulting in better service for the final beneficiaries and lower financing costs), and enhance the Bank’s presence within the municipal sector in Poland.

Secteur(s)

• Lignes de crédit

Montant BEI envisagé (montant approximatif)

PLN 200 million (EUR 55.19 million)

Coût total (montant approximatif)

Not applicable

Aspects environnementaux

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.

Passation des marchés

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.

Statut

Signé - 18/08/2008