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Portugal: EIB signs credit line with Novo Banco to support SMEs and mid-cap companies in Portugal

Description

On 17 December 2019, the European Investment Bank (EIB) signed a credit line agreement with Novo Banco having a total approved value of EUR 225 million (approx. USD 250.9 million). The credit line is ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Dec 2019

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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