Europe’s leading promotional banks and the EIB strengthen cooperation

. 2026-03-31

"The Portuguese Development Bank’s participation in this European initiative reflects Portugal’s commitment to a more resilient, competitive and strategically autonomous Europe. BPF is ready to mobilise financing and private capital to support strategic projects that strengthen national and European industrial and technological capacity, particularly in the context of European support for the defence industry."

Luís Guimarães, CCO of the Portuguese Development Bank

The leaders of Europe’s largest national promotional banks and institutions – Portuguese Development Bank (Portugal), Bank Gospodarstwa Krajowego - BGK (Poland), Groupe Caisse des Dépôts – CDC (France), CDP Cassa Depositi e Prestiti (Italy), KfW (Germany), ICO - Instituto de Crédito Oficial (Spain) — and the European Investment Bank (EIB) Group met in Munich to reaffirm their joint determination to boost investment, strengthen competitiveness and enhance the resilience of the European Union, building on more than a decade of close cooperation.

The meeting also reinforced the commitment to act in a coordinated manner to address Europe’s key economic challenges, bridge investment gaps and strengthen the European Union’s strategic autonomy, with a focus on areas such as competitiveness, security and defence, digital sovereignty, housing and new market instruments.