European Investment Bank Lends €200 Million to Expand Financing for Polish Companies
The European Investment Bank (EIB) has lent €200 million to BNP Paribas Leasing Services to expand financing for Polish companies, including small enterprises and Mid-Caps. The accord aims to trigger over €500 million in new investment in Poland, with at least 30% of the funding earmarked for climate projects. This deal marks the second EIB loan to BNP Paribas Leasing Services, following a similar €200 million credit in 2021.
Key Takeaways:
- The EIB loan of €200 million will support over €500 million worth of new investments by small and medium-sized enterprises (SMEs), Mid-Caps, and housing associations in Poland.
- At least 30% of the funding is reserved for investments that support climate change mitigation, including the promotion of heat pumps, solar power, and energy efficiency in buildings.
- This deal marks the second EIB loan to BNP Paribas Leasing Services, following a €200 million credit in 2021.
- The EIB support helps attract private capital to SMEs, which account for three-fourths of Poland's gross domestic product.
- BNP Paribas Leasing Services has a portfolio of leasing and loans worth approximately €1.7 billion, supporting businesses with sustainable development of their operations.
- The EIB signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe's competitiveness and security.
- Approximately half of the EIB's financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.
- In Poland, the EIB signed €5.7 billion in new investments last year, nearly half of which was awarded to climate and environment projects.
Statistics:
- €200 million EIB loan to BNP Paribas Leasing Services to expand financing for Polish companies.
- At least €150 million (30% of the funding) reserved for climate projects.
- Over €500 million worth of new investments supported by SMEs, Mid-Caps, and housing associations in Poland.
- €1.7 billion portfolio of leasing and loans held by BNP Paribas Leasing Services.
- €89 billion in new financing signed by the EIB Group in 2024.
- €5.7 billion in new investments signed by the EIB in Poland last year.
- 60% of the EIB Group's annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.
Sources:
- EIB support helps attract private capital to SMEs, which account for three-fourths of Poland's gross domestic product.
- The EIB signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe's competitiveness and security.
- Approximately half of the EIB's financing within the European Union is directed towards cohesion regions, where per capita income is lower than the EU average.
- In Poland, the EIB signed €5.7 billion in new investments last year, nearly half of which was awarded to climate and environment projects.
- Almost 60% of the EIB Group's annual financing supports projects directly contributing to climate change mitigation, adaptation, and a healthier environment.
- European Investment Bank (EIB) is the long-term lending institution of the European Union, owned by its Member States.
- BNP Paribas Leasing Services is part of the banking group BNP Paribas Bank Polska and offers its clients tailor-made leasing and other financial solutions.