BOŚ borrows €75 mln from EBI

The state-controlled lender, Bank Ochrony Środowiska (BOŚ) signed a deal to borrow €75 million from the European Investment Bank (EIB), the fifth such credit line given to BOŚ, according to a press release. The funds will be available for SMEs as well as for local authorities and public utilities to invest in infrastructural and environmental protection projects. The credit line is to be launched in the second quarter of the current year, the lender informed. The total value of the five credit lines amounts to €375 million.