Signature(s)
Amount
€ 150,000,000
Countries
Sector(s)
Portugal
: € 150,000,000
Credit lines
: € 150,000,000
Signature date(s)
10/12/2008 : € 150,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
19 June 2008
Status
Reference
Signed | 10/12/2008
20080262
Project name
Promoter - financial intermediary
BES GL VII
Banco Espírito Santo, S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million.
Not applicable.
Location
Sector(s)
Description
Objectives
Credit line to provide term finance to SMEs and possibly local authorities.
The financing of small and medium scale projects undertaken by SMEs contributing to strengthen their productivity and competitiveness. Some of the projects may also contribute to promote the knowledge-economy, energy savings or renewable energies as well as protection of the environment. Projects by municipalities could also be included.
Environmental aspects
Procurement
Eligible projects should comply with relevant European and national environmental legislation.
Where applicable, public procurement procedures will have to be followed and complied with by the final beneficiaries.
Link to source
Summary sheet
Other links
Data sheet