Release date: 12 June 2025
Promoter – Financial Intermediary
VEHIS FINANSE SP ZOOLocation
Description
The operation involves a cash securitisation of Polish auto leases, wherein the EIB will purchase a part of the senior tranche of an ABS, to increase the intermediary's capacity to generate new funding to support small and medium-sized enterprises (SMEs) 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 715 million (EUR 168 million)
Total cost (Approximate amount)
not applicable
Environmental aspects
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The 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