Announcement
30 Jul 2020
In July 2020, the Portuguese's SPGM, Sociedade de Investimento, announced the launch of a state loan scheme to provide SMEs with loans in the context of the Covid-19 pandemic.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
30 Jul 2020
Revocation date:
No revocation date
State loan
In force
On 30 July 2020, the Portuguese national financial institution, SPGM-Sociedade de investment, launched a EUR 1 (USD 1.1) billion state loan scheme to support Portuguese SMEs dealing with the economic ...
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Loan guarantee
In force
On 30 July 2020, the Portuguese development institution Garantia Mútua (Garval) took part in SPGM's EUR 1 (USD 1.1) billion state loan scheme to support Portuguese SMEs dealing with the economic conse...
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