Maite Cordero
- European Investment Bank
- Communication Department
- Calle José Ortega y Gasset, 29
- 28006 Madrid
- Spain
The European Investment Bank (EIB) and the society led by Mota-Engil have signed an agreement for a €107 million loan to finance the Hospital de Lisboa Oriental. This financing will enable access to modern health services and a better distribution of beds throughout the city. The project will reinforce the quality of healthcare services and the conditions for high-quality education and scientific research, while making it possible to use resources efficiently.
Millennium bcp and the European Investment Bank (EIB) have signed a guarantee agreement to make it easier for Portuguese mid-cap companies to access finance against a backdrop of high interest rates, challenging operating environment and reduced credit supply. The EIB guarantee agreement will enable Millennium bcp to build a portfolio of new loans of up to €400 million with better credit conditions.
The contract signed today consists of a €150m guarantee to be provided by the European Investment Bank (EIB) to novobanco. The guarantee enhances novobanco’s financing and risk taking capacity, through a 50% risk sharing in respect of new loans to Portuguese mid-caps and public sector entities, for a total of €300m, in particular, regions targeted by Cohesion Policy stand to benefit.