ING Bank, N.V. Warsaw
ING Bank extended a $26. 6 million loan to ING Bank Warsaw (IBW) to expand its banking operations in Poland. MIGA issued guarantees totaling $33 million to cover ING against currency transfer and expro
Host Country
Poland
Guarantee Amount
$33 million
Sector
Banking
Project Status
Not Active

ING Bank extended a $26.6 million loan to ING Bank Warsaw (IBW) to expand its banking operations in Poland. MIGA issued guarantees totaling $33 million to cover ING against currency transfer and expropriation risks.

IBW began operations in 1990, offering corporate banking, trade and commodity banking, capital market transactions, and services related to money markets and foreign exchange. Funds under the additional facility will finance medium- to long-term loans for energy projects, manufacturing, and telecommunications.

Project ID
1443
Guarantee Holder
ING Bank, N.V.
Investor Country
Netherlands
Environmental Category
FI
Project Type
Non-SIP
Fiscal Year
1996

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