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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    Portugal : € 250,000,000
    Credit lines : € 250,000,000
    Signature date(s)
    18/12/2002 : € 250,000,000

    Summary sheet

    Release date
    21 October 2002
    Status
    Reference
    Signed | 18/12/2002
    20020315
    Project name
    Promoter - financial intermediary
    BCP Empréstimo (Global Loan III)
    Banco Comercial Português, S.A.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 250 million
    Not applicable
    Location
    Sector(s)
    Description
    Objectives

    Global loan.

    The financing, throughout Portugal, and possibly other EU Member States, of projects of limited size promoted mainly by small and medium sized companies and local authorities:a) in industry, commerce, tourism and related services b) that contribute towards protection of the environment, rational use of energy and the improvement of infrastructures including urban rehabilitation, health and education projects.

    Environmental aspects
    Procurement

    The financial intermediary will ensure that the projects will comply with relevant national and EU Directives, as appropriate.

    National and EU regulation will apply where applicable.

    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).

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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