Portuguese ESBG Member Montepio supports SMEs

​​BRUSSELS, 24 June 2014 – The European Investment Bank (EIB) has granted a €150 million loan to Portuguese ESBG member Montepio to finance small-and medium-sized projects mainly undertaken by SMEs and midcaps. 

The majority of the loan will serve to finance investments promoted by SMEs and midcaps, but part of it could also be allocated to other entities promoting projects covering mainly energy saving, environmental protection, research and development, and infrastructure.