EBRD provides PLN 255 million loan to Raiffeisen-Leasing Polska

Small and medium-sized enterprises (SMEs) in Poland will benefit from a PLN 255 million (€60 million) loan provided by the European Bank for Reconstruction and Development (EBRD) to Raiffeisen-Leasing Polska for on-lending to entrepreneurs who are seeking to reduce their energy costs with new and more efficient equipment. Raiffeisen-Leasing Polska will use at least 70 percent of the proceeds of the EBRD loan to finance sustainable energy projects by Polish SMEs, while the remaining 30 percent will be used for the financing of equipment, light commercial vehicles and trucks and trailers used by the enterprises. The funds will be available to borrowers as loans or leases.“SMEs are a driving force of the Polish economy. By combining the capacities of Raiffeisen-Leasing Polska S.A. and the EBRD we are creating solutions for small Polish businesses to finance their energy efficiency projects. This approach will help boost investments and also protect the environment," said Romuald Zienkiewicz, Finance Managing Director of Raiffeisen-Leasing Polska.