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    Reference: 20180172
    Release date: 11 September 2018

    Promoter – Financial Intermediary

    IFD - INSTITUICAO FINANCEIRA DE DESENVOLVIMENTO SA

    Location

    Description

    The project consists of a loan to IFD to be on-lent through financial intermediaries to support the modernisation and capitalisation of small and medium-sized enterprises (SMEs) and mid-caps.

    Objectives

    The proposed EIB loan will promote medium and long term lending for capital investment, and will contribute to strengthening the productivity and competitiveness of SMEs and mid-caps, targeting viable companies that underwent a successful financial restructuring process.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 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 - 14/12/2018

    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