Government approves enlargement of activity of the ‘development bank’

“The Decree-Law that changes IFD’s by-laws has been approved, widening the scope of activity of the Institution, in accordance with the European Commission’s decision.
IFD is now allowed to reinforce its mission to promote the definition and implementation of measures to support financing and capitalisation to Portuguese SME and mid-caps.”

To consult the Communiqué of the Council of Ministers of June 22, 2017 click here.
To read the full article of Diário de Notícias (in portuguese only), click here.

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