The European Investment Bank (EIB) has provided to Bank Ochrony Środowiska (Bank for Environmental Protection, BOŚ) a EUR 75m loan supporting small and medium-scale investments carried out by small and medium-sized enterprises (SMEs), mid-caps and public sector entities in Poland. 40% of the loan is expected to finance projects contributing to Climate Action. The EIB facility is guaranteed under the European Fund for Strategic Investments (EFSI), a central element of the Juncker Commission’s Investment Plan for Europe.
This is already the EIB’s sixth multi-beneficiary intermediated loan to BOŚ, whose intention is to make the funds from this loan available in the third quarter of 2017. EIB financing is aimed at supporting projects in [...]