Kaczmarek supports BGZ as environmental protection fund administrator
According to Treasury Minister Wieslaw Kaczmarek, Bank Gospodarki
Zywnosciowej (BGZ), and not Bank Ochrony Srodowiska (BOS), should be
responsible for the administration of environmental protection investments.
The investments, which are subsidized by the government, involve the
allocation of preferential credit for environmental protection projects.
"BOS is developing in the direction of a commercial bank, so I see no reason
why it should, with such an ownership structure, use State assets. I would
prefer to allocate them to BGZ," Kaczmarek said. Currently, the owners of
BOS are the Swedish bank Skandinaviska Enskilda Banken and the National Fund
for Environmental Protection and Water Management (NFOSiGW). Kaczmarek also
announced that BGZ should develop without an external strategic investor.
The State Treasury holds a majority stake in BGZ. (Prawo i Gospodarka, p. 7)
M.T.
