BPF – Banco Português de Fomento

Rua Prof. Mota Pinto 42 F - 2º andar, Sala 211
4100-353 Porto
Portugal

+351 226165280
+351 226165289
bpfomento@bpfomento.pt
http://www.bpfomento.pt

Banco Português de Fomento (BPF) is the Portuguese promotional bank, an institution resulting from the merger in November 2020 of three leading institutions operating within the mission of supporting Portuguese SME that aim to achieve innovative solutions for national and international projects, promote sustainability and economic development.

BPF is expected to enlarge the activities of its three merging entities (SPGM, PME Investimentos and IFD), focusing its activities on five key areas of the Portuguese economy:

  • Financing SMEs: Specifically SMEs and mid-caps, but also large corporations under specific circusntamces
  • Innovation Projects: Digital transformation, entrepreneurship and innovation                                    
  • Green Finance: Sustainable infrastructures, transport, carbon neutrality
  • Social Impact: Healthcare, long-term care, education and social housing                 
  • Infrastructure: National and local investment projects.

The first above mentioned activity will continue being done through the Portuguese Guarantee Scheme, which includes four mutual guarantee societies and a public counter guarantee fund, the latter being managed by BPF itself.

It is expected that BPF will reach its main goals to:

  • support economic development by offering innovative solutions under the same conditions as those offered by leading institutions on the international market;  
  • promote the modernization of companies, enabling entrepreneurship, research and investigation, investment and job creation; 
  • to promote business sustainability and economic, social and territorial cohesion in Portugal.

 

Year of creation
individual entities or association
1994
Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)?Yes
Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)?Yes
Do you (your members) dispose of an internal rating/scoring system?Yes
Do you (your members) use..?
De minimis or GBER or Regional guidelines or Notification
De minimis
Is the activity subject to state aid regulation?Yes
Other SME support instruments offered by your organisation/your members
Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services
Mezzanine financing, Coaching, Mediation services
Types of guarantee products provided by your organisation/your membersLoan default guarantees, Working capital loan guarantees, Bridge financing loan guarantees, Mezzanine financing guarantees, Leasing guarantees, Project guarantees, Export guarantees, Student loan guarantees
Are you/your members financial intermediary for EU-programmes?
CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020
CIP/COSME, Structural funds, Progress and RSI/RSFF Horizion 2020
Do you benefit from a counter-guarantee at local, regional or national level?
Local level or Regional level or National level
Local, Regional and National level - Fundo de Contragarantia Mútua
Type of scheme
guarantee or counter-guarantee
Mutual Guarantee Association
Product typology
guarantee or counter-guarantee or co-guarantee
Guarantee
Profit / Non-profit oriented
dividends to public shareholders are not considered as profit orientation
Profit oriented
Supervision statute
i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members
Mono-product
Size of businesses supported
i.e. large companies, SMEs, micro-enterprises, independent/self-employed
SMEs, Micro-enterprises, Independent/Self-employed, Unemployed, university and post-graduation students
Sectorial focus
i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.
Not specified
Geographic coverage
i.e. local, regional, national
National
Structure / Network
i.e. central scheme with regional offices, central scheme only, association network
MGS back office managed by SPGM (functions as a "holding" of the Portuguese Guarantee Scheme) + Independent MGS + Public Counter Guarantee (managed by SPGM)
Legal form
of members of an association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
Mutual societies
Legal form
of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc.
Mutual societies
Shareholder structure
Private / Public (in %)
Private 19%, Public 81%
Ownership
i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models
Private-public
Type of organization
National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed
NPI

Downloads

Banco Português de Fomento
text/html; charset=utf-8 | 514,06 KB