Santander Totta Loan for SMEs I

Promoteur – Intermédiaire Financier

Banco Santander Totta S.A.

Lieu

• Portugal

Description

Credit line facility for financing SMEs in Portugal.

Objectifs

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).

Secteur(s)

• Lignes de crédit

Montant BEI envisagé (montant approximatif)

Estimated at EUR 175 million.

Coût total (montant approximatif)

Not applicable.

Aspects environnementaux

In line with standard procedures and SMEs credit line guidelines.

Passation des marchés

In line with standard procedures and SMEs credit line guidelines.

Statut

Signé - 28/03/2011