Release date: 12 September 2012
Promoter – Financial Intermediary
BANCO BPI SALocation
Description
Loan to finance investments of limited scale, promoted mainly by small and medium-sized private companies.
Objectives
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.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 7/12/2012
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).