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    Reference: 20170878
    Release date: 6 December 2017

    Promoter – Financial Intermediary

    BANCO COMERCIAL PORTUGUES SA

    Location

    Description

    Loan for financing small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps impacted by forest fires in Portugal.

    Objectives

    The proposed EIB loan would promote medium and long-term lending for capital investments to companies suffering from the effects of the 2017 wildfires, to enable them to resume and/or stabilise their economic activity.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 75 million

    Total cost (Approximate amount)

    EUR 150 million

    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 - 29/12/2017

    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