Signature(s)
Amount
€ 75,000,000
Countries
Sector(s)
Portugal
: € 75,000,000
Credit lines
: € 75,000,000
Signature date(s)
29/12/2017 : € 75,000,000
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Data sheet
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Summary sheet
Release date
6 December 2017
Status
Reference
Signed | 29/12/2017
20170878
Project name
Promoter - financial intermediary
LOAN 4 SMES & MIDCAPS FOREST FIRE SUPPORT
BANCO COMERCIAL PORTUGUES SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 75 million
EUR 150 million
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Loan for financing small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps impacted by forest fires in Portugal.
The proposed EIB loan would promote medium and long-term lending for capital investments to companies suffering from the effects of the 2017 wildfires, to enable them to resume and/or stabilise their economic activity.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Related projects
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Summary sheet
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News & Stories
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Photogallery
Photographer: Mercedes Landete
©EIB