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Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Portugal : € 300,000,000
Credit lines : € 300,000,000
Signature date(s)
7/12/2012 : € 300,000,000
Link to source

Summary sheet

Release date
12 September 2012
Status
Reference
Signed | 07/12/2012
20100494
Project name
Promoter - financial intermediary
BPI LOAN FOR SMES & OTHER PRIORITIES 3
BANCO BPI SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 300 million
Not applicable.
Location
Sector(s)
Description
Objectives

Loan to finance investments of limited scale, promoted mainly by small and medium-sized private companies.

The loan would promote medium and long-term lending for capital investment contributing mainly to strengthen the productivity and competitiveness of SMEs as well as municipal infrastructure. Some of the projects may contribute to promote the knowledge economy, energy savings or renewable energies, as well as protection of the environment. The blending of part of the EIB funding with other special purpose EIB facilities such as Jessica and Risk Sharing Initiative (the latter in cooperation with the EIF) will be scrutinised during the appraisal and its implementation would be subject i.a. to the approval by the competent decision making bodies.

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

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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