Release date: 1 December 2009
Promoter – Financial Intermediary
Banco Português de Investimento, S.A.Location
Description
Loan to finance investments of limited scale, promoted mainly by small and medium-sized private companies in industry, services and energy. Up to 30% of the loan amount could be allocated to other promoters such as municipalities.
Objectives
The loan would promote medium and long-term lending for capital investment contributing to strengthen the productivity and competitiveness of SMEs. Some of the projects may contribute to promote the knowledge economy, energy savings or renewable energies, as well as protection of the environment.
Sector(s)
Proposed EIB finance (Approximate amount)
Estimated at EUR 200 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 29/01/2010
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).