Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 158,411,551.08
    Countries
    Sector(s)
    Portugal : € 158,411,551.08
    Credit lines : € 158,411,551.08
    Signature date(s)
    18/12/2020 : € 158,411,551.08

    Summary sheet

    Release date
    13 October 2020
    Status
    Reference
    Signed | 18/12/2020
    20200351
    Project name
    Promoter - financial intermediary
    MONTEPIO COVID19 LOAN FOR SMES AND MIDCAPS
    CAIXA ECONOMICA MONTEPIO GERAL CAIXA ECONOMICA BANCARIA SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 400 million
    Location
    Sector(s)
    Description
    Objectives

    The operation will support the implementation of urgent response measures aiming to mitigate the impact of the COVID-19 pandemic in Portugal by means of a capital relief transaction achieved through an EIB guarantee to a senior tranche of a synthetic securitisation (corporate loans portfolio), aimed at supporting the financing of new loans to small and medium-sized enterprises (SMEs) and mid-caps dedicated to fund investments, working capital and liquidity needs.

    Financing of small/medium projects carried out by small and medium-sized enterprises (SMEs) 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.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative 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 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.

    Related publications