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Poland: EIB Group and Santander Bank Polska group agree new financing for SMEs under the European Guarantee Fund

The European Investment Bank Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has signed a securitisation transaction with Santander Leasing S.A. that will help Santander Bank Polska group, thanks to capital relief and loss protection, to expand its financing for small and medium-sized businesses in Poland.

Poland: EIB Group and Santander Bank Polska group agree new financing for SMEs under the European Guarantee Fund

PLN 2 billion (€444 million) will be made available for Polish small and medium-sized businesses thanks to a synthetic securitisation of a portfolio of leasing and loan receivables In the operation,  the European Investment Fund and its parent, the European Investment Bank, guarantee a junior tranche in an amount of PLN 342 million (&euro

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