PKO BH HF (IFC-39504)

Countries
  • Poland
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
FI
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 12, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
PKO BANK HIPOTECZNY S A
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 100.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 5, 2018

Disclosed by Bank Nov 20, 2017


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Project Description

This project provides financing to PKO Bank Hipoteczny to support its expansion of mortgage lending for affordable and green housing.

Investment Description
  • International Finance Corporation (IFC)

The Bank was established in 2014 as a specialized mortgage bank and is a wholly-owned subsidiary of PKO Bank Polski, the largest bank in Poland.

Private Actors

The Bank was  established in 2014 as a specialized mortgage bank and is a wholly-owned subsidiary of PKO Bank Polski, the largest bank in Poland.

Contact Information

PKO Bank Hipoteczny
Agnieszka Zdziennicka
Head of Treasury
+48225215755
agnieszka.zdziennicka@pkobh.pl
02-515 Warszawa, ul. Pulawska 15
www.pkobh.pl

ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/