Release date: 6 February 2014
Promoter – Financial Intermediary
Caixa Económica Montepio GeralLocation
Description
Loan with a focus on financing small and medium-sized companies and other priorities.
Objectives
The proposed EIB loan would promote medium and long-term lending for capital investment, and would contribute to strengthen the productivity and competitiveness of SMEs and mid-caps. The vast majority of projects are expected to concern convergence areas.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 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 - 19/06/2014
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).