Release date: 30 November 2017
Promoter – Financial Intermediary
POWSZECHNA KASA OSZCZEDNOSCI BANK POLSKI SALocation
Description
Multiple beneficiary intermediary loan to PKO BP, the largest bank in Poland, to finance investments promoted by Polish local authorities and municipal companies. The investments will support the upgrading, replacement and reorganisation of urban infrastructure and public facilities, including education and health infrastructure, as well as urban and inter-urban transport.
Objectives
Financing of small and medium-size projects carried out by local authorities and municipal companies in a range of EIB-eligible sectors.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 25/07/2018
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).