Announcement
04 Aug 2020
In August 2020, the European Commission approved the creation of “Banco Português de Fomento”, a new Portuguese promotional bank, with an initial capital of EUR 276 million.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
04 Aug 2020
Revocation date:
No revocation date
State aid, unspecified
In force
On 8 August 2020, the EU approved the creation of a new Portuguese promotional bank, “Banco Português de Fomento” or BPF, with an initial capital of EUR 276 million (approx. USD 326.1 million). BPF’s ...
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17 Jan 2021
Portugal: Banco Português de Fomento launches COVID-19 support line to support the industry and tourism sectors
11 Apr 2022
Portugal: EUR 250 million capital increase for Banco Português de Fomento
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