The European Investment Bank (EIB) and Banco Português de Investimento
(BPI) have signed an agreement to create a new credit portfolio of up to €190 million in loans to mid-sized companies, aiming to ease borrowing and boost investment. This funding will support key industries and help businesses in less developed areas, driving regional growth and economic balance across the country.
As part of the deal, the EIB provides a €100 million guarantee that covers 75% of the risk on loans mostly aimed at energy efficiency and renewable projects. The rest of the loan portfolio gets a 50% guarantee. This risk-sharing approach lowers borrowing costs and supports the European Union’s push for cleaner energy and sustainable development.
Gemma Feliciani, head of the EIB’s Financial Institutions Department, said mid-sized companies are vital to Portugal’s economy. She highlighted that this support will help them invest in innovation, improve productivity, and protect the environment. Ana Rosas Oliveira from Banco BPI added that the partnership shows their commitment to growth, green investments, and backing companies, especially in regions that need extra support.
The financing comes under the EIB’s “Growth for Midcaps” program, which works with banks to make loans more accessible for businesses. It’s the fifth project of this kind approved in Portugal since 2023, showing the EIB’s steady support for economic recovery and greener growth.
Together, the EIB and Banco BPI want to help Portuguese mid-sized businesses grow sustainably while boosting competitiveness and regional development.
