Global Trade Alert
Global Trade Alert

Portugal: EIF provides guarantee to Caixa Geral de Depósitos to support Portuguese SMEs

Announcement

31 May 2023

In May 2023, the European Investment Fund signed a loan guarantee agreement for the portfolio of the Portuguese state-owned bank Caixa Geral de Depósitos.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 May 2023

Revocation date:

No revocation date

Loan guarantee In force

On 31 May 2023, the European Investment Fund (EIF) signed a guarantee agreement with Caixa Geral de Depósitos SA (CGD) which is estimated to cover financing of EUR 378 (USD 402) million for Portuguese...

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