Release date: 20 March 2017
Promoter – Financial Intermediary
CAIXA ECONOMICA MONTEPIO GERALLocation
Description
Loan for financing small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) or mid-caps, mainly in Portugal. A portion of the loan could be allocated to other small projects promoted by other entities.
Objectives
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.
Sector(s)
- Credit lines - Credit lines
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 - 30/12/2019
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).