Release date: 7 November 2016
Promoter – Financial Intermediary
BANCO BPI SA, BANCO BPI SALocation
Description
Loan for financing small and medium-sized projects carried out primarily by small and medium-sized enterprises (SMEs) or mid-caps, mainly located in Portugal. A portion of the loan could be allocated to other small projects promoted by other entities, notably municipalities and local enterprises.
Objectives
The proposed EIB loan would promote medium and long-term lending for capital investment, and would contribute to strengthening the productivity and competitiveness of SMEs and mid-caps.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 400 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 - 20/12/2016
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).