The issuer is the mortgage bank subsidiary of the largest commercial bank in Poland, PKO Bank Polski. It is the largest issuer of EUR benchmark covered bonds in Poland. In April 2019, PKO Bank Hipoteczny was the first bank in Poland to join the pilot project Energy Efficient Mortgages, which is a EU wide initiative to introduce mortgage loans for energy efficient buildings.
This is the first Certification by an issuer in Poland. PKO Bank is the third green bond issuer in Poland, after the Polish green sovereign and another bank in Poland.
The proceeds will refinance mortgages relating to buildings which meet the Climate Bonds Low Carbon Building Criteria.
| Date of Issue | Type of Instrument | Size | Tenor | Country of Issuance | CLIMATE BONDS SECTOR CRITERIA | VERIFIER'S REPORT | Annual Report | Further Information |
| June 2019 | Covered Bond | PLN 250 million (USD 66 million) | 5 years | Poland |
Low Carbon Buildings - Residential Low Carbon Buildings - Upgrades |
|||
| December 2019 | Covered Bond | PLN 250 million (USD 64 million) | 5 years | Poland |
Low Carbon Buildings - Residential Low Carbon Buildings - Upgrades |
pre issuance verification report by Sustainalytics (same as above) |
Press Releaes (English) |