Poland

geo/poland

Location
51.919438, 19.145136

Member News: EIF and BGK Sign Agreement to Support Cultural and Creative Focused SMEs

SME Finance Forum member, European Investment Fund (EIF) and Bank Gospodarstwa Krajowego (BGK) will support Polish SMEs with 525 million zloty (around 125 million euros) of loans over the next three years, according to the article. 

The new agreement will benefit almost 3,000 SMEs in the creative and cultural sectors. According to the article, these sectors represent seven million jobs in the EU and account for 4.2 percent of the EU’s GDP. 

EBRD Launches Second Polish Sustainable Energy Financing Facility

The European Bank for Reconstruction and Development (EBRD) has launched a €200m sustainable energy financing facility in Poland. The Polish Sustainable Energy Financing Facility (PolSEFF2) is implemented via the country's commercial banks. It will be on-lent through local banks to small and medium-sized enterprises (SMEs). The loans will finance investments to replace or refurbish heating, cooling, electric and associated systems in order to l