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Polish development bank launches PLN 250 million loan program to back local firms joining Ukraine's reconstruction

Bank Ochrony Środowiska President Bartosz Kublik, First Vice President of BGK Management Board Marta Postuła (Photo by BGK)

The Polish state development bank, Bank Gospodarstwa Krajowego (BGK), said it will provide a total of PLN 250 million ($65 million) to three local financial partners for on-lending to local companies that want to take part in Ukraine's reconstruction.

The funding was made available to BGK by Poland's Ministry of Development Funds and Regional Policy.

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