Release date: 10 June 2013
Promoter – Financial Intermediary
BANCO POPULAR PORTUGAL SALocation
Description
Loan for financing small and medium-sized projects carried out primarily by SME. A portion of the loan could be allocated to projects promoted by mid-caps companies
Objectives
The proposed EIB loan would promote medium and long-term lending for capital investment, and would contribute to strenghten the productivity and competitiveness of SMEs. The vast majority of projects are expected to concern convergence areas.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 12/12/2013
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).