Signature(s)
Amount
€ 434,400,000
Countries
Sector(s)
Portugal
: € 434,400,000
Credit lines
: € 434,400,000
Signature date(s)
22/07/2020 : € 61,300,000
22/07/2020 : € 373,100,000
Link to source
Other links
Summary sheet
Release date
25 May 2020
Status
Reference
Signed | 22/07/2020
20200142
Project name
Promoter - financial intermediary
SCF PORTUGAL COVID-19 LOAN FOR SMES AND MIDCAPS
BANCO SANTANDER CONSUMER PORTUGAL SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 434 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The operation will finance the implementation of urgent response measures aiming to mitigate the impact of the COVID-19 in Portugal.
The aim is to enhance access to financing, in particular through loans and leases, for SMEs affected by the pandemic.
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.
Link to source
Summary sheet
Other links