PKO Bank Polski is financing the medical industry

2024.01.09

PKO Bank Polski is one of the financial institutions that have signed a financing agreement with a total value of approximately PLN 1.6 billion with the American Heart of Poland Group, which specializes in the treatment of lifestyle diseases, in particular cardiovascular diseases.
PKO Bank Polski's share in the consortium amounts to PLN 250 million.
The loan under the Sustainability-Linked Loan (SLL) formula is part of PKO Bank Polski's strategy to support the green transformation, and will be allocated to achieve the investment and acquisition targets of the American Heart of Poland Group.

PKO Bank Polski is one of the financial institutions that have signed a financing agreement with a total value of approximately PLN 1.6 billion with the American Heart of Poland Group, which specializes in the treatment of lifestyle diseases, in particular cardiovascular diseases. The share of PKO Bank Polski is PLN 250 million. The loan under the Sustainability-Linked Loan (SLL) formula is part of PKO Bank Polski's strategy to support the green transformation and will be allocated to achieve the investment and acquisition targets of the American Heart of Poland Group.

- We are currently observing a dynamic increase in the popularity of loans under the Sustainability-Linked Loan formula. Our role as a financial partner is to advise clients on how they can combine the sustainability indicators included in their strategy with financing of their business activities. Indicators should be tailored to the specificity of a given business, measurable and systematically verified by an external entity. Their effective implementation allows the company to reduce loan costs

- says Adam Kosmala, director of the Structured Financing Office at PKO Bank Polski.

- The American Heart of Poland Group wants to allocate the funds obtained through the reduced transaction margin under the SLL component to finance health-promoting activities as part of the activities of the "Z sercem do Pacjenta" Foundation

- says Adam Szlachta, president of the management board and financial director of American Heart of Poland S.A.

One of the pillars of PKO Bank Polski's strategy for 2023-25 is the financing of the green economy and offering companies solutions that will help them maintain competitiveness in the face of business and regulatory challenges. Over the last year (from September 2022 to September 2023), PKO Bank Polski Group provided green financing in the amount of PLN 3.3 billion, which means an increase in value by 44% year-to-year.

The American Heart of Poland Group operates in over 20 medical centers throughout the country, providing patients with comprehensive, continuous, multi-specialized and modern medical care, which integrates health education, prevention, diagnostics, treatment, and rehabilitation in the field of lifestyle diseases under long-term contracts with the Polish National Health Fund (NFZ). In particular, the medical services are addressed to patients with various forms of acute coronary syndrome, including acute myocardial infarction.

***

PKO Bank Polski is the undisputed leader of the Polish banking sector, and the value of its assets is PLN 473 billion. After three quarters of 2023, the net profit of the PKO Bank Polski group exceeded PLN 4.8 billion. The company serves 11.9 million customers. It is the basic provider of financial services for all customer segments, achieving the highest shares in the deposits, loans and individual investment funds market. Thanks to the development of digital tools, including the IKO application, which has been activated by customers over 7.7 million times, PKO Bank Polski is the most mobile bank in Poland.

Katarzyna Ewert-Gandzel

Press Center

prasa@pkobp.pl

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