International Finance Corporation (IFC), and Bank Pekao S.A. (Bank Pekao) have launched the first step in a long-term partnership, under which IFC is considering investing up to $250 million in a series of bonds to be issued by Bank Pekao. The potential investments, subject to commercial terms, relevant corporate approvals and market conditions, would strengthen the bank’s financing capacity.
The proceeds will be fully earmarked for green projects, with a portion directed to blue finance such as improving water efficiency. IFC’s involvement will help Bank Pekao grow its climate portfolio and expand access to financing for Polish companies, supporting projects in energy-efficient transport and buildings, sustainable water use and wastewater management.
Commenting on the development, Dagmara Wojnar, Vice President of the Management Board, Bank Pekao S.A., said, “At Bank Pekao we are proud to support Polish companies in their green transition. This partnership with IFC allows us to channel significant resources into projects that reduce negative impact on the climate, improve water management efficiency, and accelerate Poland’s journey toward a sustainable future.”
Detailing further, Robert Sochacki, Vice President of the Management Board, Bank Pekao S.A., said, “Investing in blue and green finance is not only about the environment, but also about strengthening the competitiveness of our clients. By financing innovative projects in clean energy and water efficiency, we help businesses grow in a way that benefits the entire economy.”
