The European Investment Bank (EIB) has granted Poland’s top lender PKO BP a PLN 150m loan to support local government investments. Projects involving environmental issues, health care, education, energy and local road systems will be first in line to receive financial support from the bank, according to the daily Puls Biznesu. “The support from EIB will have a positive impact on the accessibility of long-term financing but also for its costs,” said the EIB. Local governments will be offered preferential pricing on loans.
The EIB opened up credit lines for 15 Polish brokers in 2012 in the public and private sectors.
