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    Reference: 20160047
    Release date: 7 November 2016

    Promoter – Financial Intermediary

    BANCO BPI SA, BANCO BPI SA

    Location

    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 data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Portugal Credit lines