PROJECT

Projects

Summary of Investment Information

Project Number

48288

Company Name

RSF SRT Mazurka BNPP Poland

Date SPI Disclosed

Apr 25, 2024

Country

Poland

Region

Europe

Projected Board Date

Dec 11, 2023

Environmental Category

FI-2 - Limited

Status

Pending Disbursement

Last Updated Date

Nov 19, 2025

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Dec 11, 2023
Signed : Mar 28, 2024

Sector

Commercial Banking - Risk Mgmt Facility

Project Description

The proposed Project involves a Synthetic Significant Risk Transfer transaction (“SRT”) between IFC and BNP Paribas Bank Polska S.A. (BNPP Poland or the Bank), a majority owned subsidiary of BNP Paribas S.A. banking group (“BNP Paribas” or “the Group”). IFC will provide an unfunded guarantee on credit losses, of up to US$55 million equivalent in PLN (i.e., PLN 218 million), for the mezzanine tranche of a PLN 2,18 billion reference portfolio. The portfolio comprises eligible corporate and mid-size credit exposures of the Bank across a diversified range of economic sectors.          

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation