Signature(s)
Amount
€ 55,000,000
Countries
Sector(s)
Portugal
: € 55,000,000
Credit lines
: € 55,000,000
Signature date(s)
22/07/2020 : € 55,000,000
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Summary sheet
Release date
19 June 2020
Status
Reference
Signed | 22/07/2020
20200298
Project name
Promoter - financial intermediary
SCF PORTUGAL COVID-19 ABS FOR SMES AND MIDCAPS
BANCO SANTANDER CONSUMER PORTUGAL SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 55 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 and increase SME financing with a focus on alternative access to finance through loans and leases, in this specific case through the purchase of the mezzanine tranche of a securitisation.
The aim is to enhance access to financing for small and medium-sized enterprises in Portugal.;
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 documents
Related projects
Link to source
Summary sheet
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scoreboard - EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS
Publication Date
1 Sep 2020
Document Language
English
Main Topic
lending
Document Number
133221926
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20210349
Last update
2 Sep 2020
Sector(s)
Credit lines
Countries
Italy
Publicly available
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