BNP Paribas Bank Polska and EIB Join Forces

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PLN 71.2 million (EUR 16 million) first loss guarantee agreement to help BNP Paribas Bank Polska to finance Polish energy efficiency projects / The guarantee comes under the first Polish operation included in the PF4EE programme funded by the EIB and the European Commission / The project is expected to benefit around 15.000 households, small farmers and housing associations

The European Investment Bank (EIB) has signed a PLN 71.2 million (EUR 16 million) guarantee agreement with BNP Paribas Bank Polska to provide a first loss portfolio guarantee to support the financing of energy efficiency projects from Polish homeowners, micro-farmers, and housing associations. The guarantee will help BNP Paribas Bank Polska to provide, under the agreement with the EIB, PLN 742 million... ... More: Official Press Release EIB

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EIB, Europe, Poland, investment, bank, renewable energy, BNP Paribas Bank Polska, energy efficiency, finances