PROJECT

Projects

Summary of Investment Information

Project Number

47630

Company Name

BANK POLSKA KASA OPIEKI SA

Date SPI Disclosed

Oct 16, 2025

Country

Poland

Region

Europe

Projected Board Date

Mar 18, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Oct 16, 2025

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Mar 18, 2025
Signed : Sep 3, 2025
Invested : Sep 23, 2025

Sector

Commercial Banking - General

Project Description

IFC proposes an investment of up to $250 million (in US dollar, euro, or Polish zloty equivalent) for IFC's own account in securities eligible under the Minimum Requirement for own funds and Eligible Liabilities framework (MREL), to be issued by Bank Pekao S.A. (Pekao or the Bank), the second-largest bank in Poland and a new client for IFC. The proceeds of the IFC investment will be fully earmarked to climate finance projects in Poland, with at least $50 million of the proceeds to be used for blue finance projects. The eligible financing categories include renewable energy, green buildings, clean transportation, energy efficiency, sustainable water and wastewater management, and pollution prevention and control (the Project). Pekao will identify, assess eligibility, underwrite and manage sub-projects falling into the eligible financing categories, as well as ensure allocation of the proceeds under the IFC investment and its sustainable bonds, using the Sustainable Finance Framework established in 2023. The framework is fully in line with relevant market standards and best practices, and has received a positive second party opinion.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation