This project invests in Bank BGZ BNP Paribas SA. According to Bank documents, this project aims to support the acquisition of Raffeisen Bank Polska S.A. and to improve the Bank's overall market position and competitiveness.
BGZ BNPP is the 6th largest bank in Poland as at YE2017 with market share of 4.1% in terms of total assets (EUR 112.6 billion, 6.3% market share after the acquisition of the RBPL Core). BGZ BNPP is listed on the WSE. After the deal for the acquisition of RBPL Core, BGZ BNPP is 88.8% owned by BNPP (directly and indirectly).
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at firstname.lastname@example.org or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.