Global Trade Alert
Global Trade Alert

Portugal: EIF signs EUR 405 million agreement with Millennium bcp to support Portuguese SMEs

Announcement

25 Oct 2023

In October 2023, the European Investment Fund signed EUR 405 million loan guarantee agreement to guarantee the portfolio of the Portuguese private bank Millennium bcp.

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

25 Oct 2023

Revocation date:

No revocation date

Loan guarantee In force

On 25 October 2023, the European Investment Fund (EIF) signed a EUR 405 million (USD 428 million) portfolio guarantee agreement with Millennium bcp. The loan guarantee will support Portuguese SMEs wit...

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