Bank Pekao will launch three new guarantee instruments in agreement with EIF
Bank Pekao will launch three new guarantee instruments in Q1 2025 under an agreement with the European Investment Fund (EIF). These include guarantees for SMEs, microfinance, and green investments, aimed at mobilizing €80 million in portfolio guarantees to generate PLN 1.25 billion for micro, small, and medium-sized enterprises.
SME Guarantee: Covers up to 50% of credit value (max €7.5 million) for businesses under 24 months old. It applies to working capital and investment loans, with an annual fee of 0.2%.
Microfinance Guarantee: Covers 80% of loans up to €50,000, free of charge, reducing interest rates and requiring minimal collateral.
Green Guarantee: Supports “green enterprises” with up to 70% loan coverage (max €7.5 million) for sustainability projects, with a 0.2% annual fee.
These initiatives, part of the EU’s InvestEU program, aim to boost European investment and sustainable growth.
(inwestycje.pl)
