Banco Português de Fomento (BPF)
Banco Português de Fomento (BPF) is the Portuguese promotional bank, a unique institution that designs innovative solutions to support national and international projects, promoting sustainability and economic development.
It was created on November 3rd, 2020, as a result of the merger, by incorporation, of PME Investimentos - Sociedade de Investimento S.A and IFD - Instituição Financeira de Desenvolvimento S.A into SPGM - Sociedade de Investimento S.A, as set out in Decree-Law No 63/2020 of 7 September 2020, in the form of a promotional/development bank to support Portugal’s economic and social development.
