Loans from the European Investment Bank (EIB) with the European Commission grants
The European Commission established two granting programmes: Municipal Finance Facility (MFF) and Municipal Infrastructure Facility (MIF). The BGK has been participating in these programmes since 2006.
Loans from the European Investment Bank with the European Commission grants can be granted by BGK to finance small scale projects undertaken by municipalities and counties. The investments shall have the maximum value of EUR 5 m, and be co-financed with the use of EIB funds with a minimum loan maturity of 4 years.
MIF Programme is particularly designed for local governments from the following voivodships: zachodniopomorskie, lubuskie and dolnośląskie and partly consists in lowering the granted EIB credit amount by awarded MIF grant.