18:45 20 October 2025
BGK has agreement with Min of Finance to operate FIWR
Bank Gospodarstwa Krajowego (BGK) has gained the authority to support Poland’s economic policy abroad and will manage the new Financial Instrument for Development Cooperation (FIWR) under an agreement with the Ministry of Finance. The FIWR enables BGK to finance investment projects outside the EU—such as in Ukraine—by combining Polish and EU funds. As FIWR’s operator, BGK can offer loans, interest subsidies, risk-sharing tools, grants, and technical assistance, as well as invest in international development funds.
Funded mainly by the State Treasury, FIWR will not increase public debt. BGK’s role strengthens Poland’s “soft power” and opens opportunities for Polish businesses to expand internationally through financial support linked to development aid initiatives.
