Banco do Fomento injected 13.4 billion into the economy and supported 35,000 companies since January 2025

The Banco Português de Fomento (BPF) has injected €13.4 billion into the economy and supported over 35,000 companies since January 2025. The institution's activities now represent 2.3% of Portugal's GDP, with profits rising to €8.1 million. The BPF aims to increase its economic impact to over 3% of GDP by 2028. The bank has facilitated access to credit through guarantees totaling €9.7 billion and direct financing of €4.66 billion for large projects. A study indicates that supported companies generate €19.8 billion in gross added value, accounting for 12% of the national GDP. The BPF's operational efficiency has improved, with a cost-to-income ratio of 54%.