Release date: 25 September 2017
Promoter – Financial Intermediary
BANK ZACHODNI WBK SALocation
Description
The project relates to the financing of the promoter's IT development investment programme over the period 2017- 2019, concerning the digitalisation of its business processes, an update of its technological infrastructure and investments in IT security.
Objectives
The project will allow the promoter to modernise and redesign its business processes as well as to develop the digital transformation of its client interaction system.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 80 million
Total cost (Approximate amount)
EUR 175 million
Environmental aspects
The implementation of banking IT systems is not covered by EIA directive 2011/92/EU, as amended. In addition, the project activities are expected to be carried out in existing facilities that are already used for the same purposes and that are not expected to change their scope due to the project.
Procurement
The promoter has been assessed by the EIB as being a private company not being subject to EU rules on public procurement or concessions.
Status
Signed - 15/11/2017
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).