Bank Ochrony Środowiska (BOŚ) has launched a revolving credit line for installers participating in Poland’s “Czyste Powietrze” (Clean Air) program to support liquidity and project completion.
Supporting the Clean Air Program
Poland currently has approximately 2.5 million outdated heating appliances – “kopciuchy” – that release harmful substances into the atmosphere, significantly contributing to smog and negatively impacting public health. The pace of replacing these inefficient devices depends not only on homeowner interest but also on the availability of qualified installation companies.
New Credit Line for Installers
To address this, BOŚ has introduced a revolving credit line specifically for installers working on projects within the Clean Air program. This aims to help companies maintain cash flow, accept more orders, and efficiently settle ecological projects.
Interview with Michał Należyty
Below is an interview with Michał Należyty, Vice President of the Management Board of Bank Ochrony Środowiska, discussing the role of financial institutions in the country’s energy transition.
Inspiration Behind the Product
BOŚ is launching a new product aimed at installers involved in Clean Air program projects. The primary inspiration was recognizing the crucial role professional installers play in translating beneficiary decisions into tangible investments – such as heat pump installations, low-emission boiler installations, building insulation, and “kopciuch” replacements.
Addressing Installer Cash Flow Challenges
Installers often manage multiple projects simultaneously, and the time difference between project completion and program reimbursement requires careful cash flow management. With the program’s scale growing, installers need stable liquidity to maintain a high work rate.
Key Features of the Credit Line
The revolving credit line supports installers in managing current liquidity while working on multiple projects. The goal is to allow them to focus on: high-quality installations, timely project completion, scaling their operations, and serving a larger number of beneficiaries.
Benefits of the Credit Line
The renewable credit line enables contractors to operate efficiently, ensuring project continuity and financial management stability, leading to more completed projects and faster progress in the energy transition.
Distinguishing Features of the Credit Line
The product is a renewable, purpose-driven credit line with disbursement and repayment terms directly linked to project milestones.
BOŚ’s Commitment to Ecological Investments
As a financial institution, BOŚ recognizes its significant role in economic and social processes. The bank’s mission is to support responsible and sustainable development, which includes actively protecting the environment.
Impact on Quality of Life
Replacing “kopciuchy,” insulating buildings, and installing heat pumps or low-emission boilers are investments that directly improve people’s quality of life. BOŚ aims to support such projects through appropriately designed financial products.
Addressing Smog in Poland
Smog remains a significant problem in Poland. Banks can contribute to its reduction by encouraging ecological investments, facilitating financing for building modernization, and introducing preferential environmental protection products. This new credit line is one such tool supporting the installation sector and accelerating emission reductions.
The Importance of Eliminating “Kopciuchy”
The faster “kopciuchy” are eliminated, the faster air quality will improve. Data shows that low emissions from single-family homes are a key source of smog during the heating season.
Future Products Supporting Ecological Investments
BOŚ is actively working on additional instruments for both individual clients and businesses, given the scale of needs and growing interest in eco-friendly solutions. The bank aims to have one of the most comprehensive offerings on the market for financing the green transition in the coming years.
Impact of the Złoty Bankier 2026 Award
The Złoty Bankier (Golden Banker) award is a significant recognition in the financial market, and BOŚ is pleased to have the credit line for the Clean Air program installers acknowledged. The jury highlighted three key elements.
Confirmation of the Right Direction
Receiving the Złoty Bankier confirms that the direction of BOŚ’s ecological product development is both appropriate and desired by the market. This signals the need to: intensify work on further solutions supporting the energy transition, increase access to financing for beneficiaries, expand cooperation with the SME sector, and increase the bank’s involvement in low-emission projects.
Educational Initiatives
The award also provides additional motivation to conduct educational activities for the market – both for beneficiaries and installers. BOŚ wants ecological investments to become the standard, not the exception.
Alignment with BOŚ’s Long-Term Strategy
BOŚ’s strategy for the coming years clearly defines its ambition to be the institution of first choice for anyone seeking financing to support the environment. The award-winning credit line perfectly embodies three elements of this long-term vision.
Contributing to National Climate Goals
BOŚ is confident that this product for installers, along with other offerings supporting the energy transition, will contribute to achieving national climate goals. The bank’s business model demonstrates how environmental and financial goals can go hand in hand.
