BGZ (Bank Gospodarki Zywnosc) - SME Loan



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

27 Apr 2010



PSD disclosed:

26 Mar 2010

Translated version of this PSD: Polish

Project Description

The EBRD is considering providing a senior loan of up to €50 million to Bank Gospodarki Zywnosciowej S.A. (“BGZ”) for on-lending to micro, small and medium-sized entreprises (MSMEs). The MSME loan will assist BGZ to further expand its lending activities to private sector Polish entrepreneurs and farmers, particularly in rural areas.

Transition Impact

The MSME loan will increase supply of medium-term funding and will allow an increasing number of MSMEs and farmers, including in less developed regions of Poland, to have access to bank financing.

The Client

BGZ, a subsidiary of Rabobank, is a Polish universal bank with a country wide reach and total assets of €5.9 billion as of the end of 2009. BGZ is a leading player in agricultural financing with close to 19% market share.

EBRD Finance

MSME loan of up to €50 million.

Project Cost

€50 million.

Environmental Impact

Screened FI (2008). BGZ will be required to comply with the EBRD's Performance Requirements for FIs (specifically, PR2 and 9). As an existing client BGZ is familiar with EBRD's environmental requirement. The environmental procedures adopted by BGZ on the occasion of EBRD's earlier investments are fully in line with PR9 of the EBRD's 2008 ESP. The bank will be required to adhere to the EBRD's Environmental and Social Exclusion and Referral Lists and submit annual environmental and social reports to the EBRD.

Technical Cooperation

None for this project. The bank has benefited from previous TC support under the EU/EBRD SME Finance Facility (Rural Window).

Company Contact

Bank Gospodarki Żywnościowej S.A.
10/16 Kasprzaka str., 01-211 Warsaw Tel. +48 22 860 40 00; Fax + 48 22 860 50 00



Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

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Text of the PIP

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