Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Portugal
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
14/12/2018 : € 100,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
11 September 2018
Status
Reference
Signed | 14/12/2018
20180172
Project name
Promoter - financial intermediary
IFD RESTART AND MODERNISE PROGRAMME
IFD - INSTITUICAO FINANCEIRA DE DESENVOLVIMENTO SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
Not applicable.
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
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.
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.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Link to source
Summary sheet
Other links
News & Stories
Link to source
Other links
Photogallery
Photographer: Mercedes Landete
©EIB