Polish American Mortgage Bank

completed

Summary Of Project Information (SPI)Project NamePoland-Polish American Mortgage BankRegionEuropeSectorProject No007487Projected Board DateJune 3, 1996Company NamePolish American Mortgage BankTechnical Partner and/or Major Shareholders Polish American Enterprise Fund; Wielkopolski Bank KredytowyProject Cost Including proposed IFC investment US$35 million, of which an IFC senior loan of US$10-15 millionLocation of project and Description of site Warsaw, PolandDescription of Company and Purpose of Project PAM Bank is a major originator of mortgage finance in Poland. It requires additional funding to meet the demand for its product. IFC has a strong institution building role in assisting the bank during its transition period as it strives to meet demand, cultivate alternative local sources of capital and prepares to securitize its portfolio.Environmental Category and Issues Category C. No further environmental review is therefore required.      Date SPI sent to PIC      May 2, 1996For Additional Information contact: Corporate Relations Unit -telephone: (202) 473-7711facsimile: (202) 676-0365