Interest Subsidy Fund

Bank Gospodarstwa Krajowego, implementing an assistance package for companies affected by the COVID-19 pandemic, introduced a system of interest rate subsidies for micro, small, medium and large companies from the Interest Subsidy Fund (ISF).

The Interest Subsidy Fund operates on the basis of the Act of 19 June 2020 on Subsidies to Interest Rates on Bank Loans Granted to Entrepreneurs Affected by COVID-19 and on the simplified proceedings for approval of an arrangement in connection with the occurrence of COVID-19 (Journal of Laws item 1086).

Subsidies will be paid for a period not exceeding 12 months
from the conclusion of the loan agreement with a subsidy (the agreements may be concluded until 31 December 2020