Signature(s)
Amount
€ 175,000,000
Countries
Sector(s)
Portugal
: € 175,000,000
Credit lines
: € 175,000,000
Signature date(s)
14/12/2009 : € 27,000,000
14/12/2009 : € 63,000,000
10/12/2010 : € 85,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
9 November 2009
Status
Reference
Signed | 14/12/2009
20090597
Project name
Promoter - financial intermediary
BES Loan for SMEs and Other Priorities
Banco Espírito Santo, S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Estimated at EUR 175 million.
Not applicable.
Location
Sector(s)
Description
Objectives
Loan to finance investments of limited scale, promoted mainly by small and medium-sized private companies in industry, services and energy.
The loan would promote medium and long-term lending for capital investment contributing to strengthen the productivity and competitiveness of SMEs. Some of the projects may contribute to promote knowledge economy, energy savings or renewable energies, as well as protection of the environment.
Environmental aspects
Procurement
In line with standard procedures and SMEs/Municipalities loan guidelines.
In line with standard procedures and SMEs/Municipalities loan guidelines.
Link to source
Summary sheet
Other links
Data sheet