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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Portugal : € 100,000,000
    Credit lines : € 100,000,000
    Signature date(s)
    7/06/2010 : € 100,000,000
    Link to source
    Other links

    Summary sheet

    Release date
    2 September 2009
    Status
    Reference
    Signed | 07/06/2010
    20080723
    Project name
    Promoter - financial intermediary
    Montepio Loan for SMEs I
    Caixa Económica Montepio Geral
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Estimated at EUR 100 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Loan to finance investments of limited scale, promoted mainly by small and medium-sized companies.

    The projects will be in a broad number of sectors, including investments in industry, service, energy or infrastructures in Portugal.

    Environmental aspects
    Procurement

    All projects to be financed under this loan for SMEs will be required to comply with relevant national and EU policy and legislation.

    The Bank will require that projects financed under the loan for SMEs comply with the relevant EU Directives on procurement (where applicable).

    Link to source

    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).

    News & Stories

    Link to source

    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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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