Signature(s)
Amount
€ 175,000,000
Countries
Sector(s)
Portugal
: € 175,000,000
Credit lines
: € 175,000,000
Signature date(s)
28/03/2011 : € 175,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
5 March 2009
Status
Reference
Signed | 28/03/2011
20080047
Project name
Promoter - financial intermediary
Santander Totta Loan for SMEs I
Banco Santander Totta S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Estimated at EUR 175 million.
Not applicable.
Location
Sector(s)
Description
Objectives
Credit line facility for financing SMEs in Portugal.
The operation concerns a facility for the financing of projects promoted essentially by SMEs in Portugal. It will therefore contribute to EU and EIB priority objective of fostering investments by SMEs. A large share of the investments will be carried out in convergence regions. The operation is therefore eligible for financing under the EC Treaty Article 267 a) Convergence and c) Common European interest (SME).
Environmental aspects
Procurement
In line with standard procedures and SMEs credit line guidelines.
In line with standard procedures and SMEs credit line guidelines.
Link to source
Summary sheet
Other links
Data sheet