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Oct 22, 2025 8:00 AM

mBank and PGGM enter into PLN 3.8 billion credit risk sharing transaction backed by financing to the renewable energy sector

WARSAW, Poland, Oct. 22, 2025 (GLOBE NEWSWIRE) -- mBank and PGGM have entered into a credit risk sharing transaction referencing a PLN 3.8 billion portfolio of corporate loans in Poland. Approximately 75% of the portfolio is backed by financing of wind-farms and photovoltaic installations. The remainder of the portfolio references project finance lending in the areas of health care, telecommunications, and other industries of strategic importance to the lender.

This is the first large-scale project finance significant risk transfer transaction (SRT) from the CEE region, primarily backed by a portfolio of renewables. It is also the third transaction in three years between mBank and PGGM.

The transaction represents an important milestone for mBank and is executed shortly following the announcement of mBank's new strategy for 2026-2030 titled "Full Speed Ahead!". The transaction will help the bank advance its sustainability agenda. In the strategy, the bank aims to allocate 15% of its corporate credit portfolio to sustainable finance by 2030, contributing to the energy transition of the Polish economy.

For PGGM and its end investor PFZW, the transaction offers a unique opportunity to support the energy transition in Central and Eastern Europe. It reflects PGGM's and PFZW's long-standing ...