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CREDITO AGRICOLA LOAN FOR SMES & OTHER PR 2

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Portugal : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
28/09/2018 : € 100,000,000

Summary sheet

Release date
24 November 2017
Status
Reference
Signed | 28/09/2018
20170315
Project name
Promoter - financial intermediary
CREDITO AGRICOLA LOAN FOR SMES & OTHER PR 2
CAIXA CENTRAL - CAIXA CENTRAL DE CREDITO AGRICOLA MUTUO CRL,ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
Not applicable.
Location
Sector(s)
Description
Objectives

Loan for financing small and medium-sized projects carried out primarily by small and medium-sized enterprises (SMEs) and mid-caps, mainly located in Portugal. A portion of the loan could be allocated to other small projects promoted by other entities.

The proposed EIB loan would promote medium and long-term lending for capital investment, and would contribute to strengthening the productivity and competitiveness of SMEs and mid-caps. The majority of projects are expected to concern convergence areas.

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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Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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