Banco de Fomento's IFIC Credit Envelope Bumps 50% to €1.5 Billion as Defence, Deeptech AI and Storm-Recovery Operations Get Folded Into a Single 80% Public Guarantee
BPF's IFIC credit line was bumped from €1bn to €1.5bn on 24 April; portal opened 23 April. Defence, AI, storm recovery and Açores–Madeira reindustrialization sit in one notice. 80% public guarantee, mutual-guarantee cost capped at 1%, max spread 1.98%. Banks have until 31 December.