Original disclosure @ EBRD website
Updated in EWS Mar 17, 2020
Disclosed by Bank Jan 23, 2020
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According to the Bank's website, this project finances an uncommitted unfunded revolving risk sharing facility with the borrower. Under the facility, the EBRD will guarantee up to 65% of the borrower's individual corporate exposures.
Santander Bank Polska S.A. (formerly Bank Zachodni WBK S.A.) is one of Poland's largest banks. It is a subsidiary of Banco Santander and listed on the Warsaw Stock Exchange.
Santander Bank Polska al. Jana Pawla II 00-854 Warszawa Poland
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 email@example.com 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.