Global Trade Alert
Global Trade Alert

Portugal: EIF guarantees BSCP's portfolio to support Portugese SMEs and mid-caps

Announcement

27 Jul 2020

In July 2020, the European Investment Fund granted a loan guarantee to the portfolio of the Portuguese private bank Banco Santander Consumer Portugal.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Jul 2020

Revocation date:

No revocation date

Updated: 27 Jul 2020
Lending support In force
On 27 July 2020, the European Investment Fund (EIF) granted a EUR 97.6 million (USD 114.7 million) loan guarantee to Banco Santander Consumer Portugal in order to support the Portuguese economy. This ...
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