Portugal

The European Investment Bank (EIB) has signed a loan agreement for €300 million with Banco BPI. This operation aims to finance small and medium-sized enterprises (SMEs) and mid-caps, and public sector entities in Portugal, with a focus on climate action and environmental sustainability projects.

The European Investment Bank (EIB) has signed two advisory service agreements with the BPI and Santander to support them in identifying and financing climate action and environmental sustainability projects.

Portugal benefited from more than €2.1 billion in new financial commitments from the European Investment Bank Group (EIB Group) in 2023, more than 25% increase from the year before, with about half going to small businesses and mid-caps.