Luxembourg, October 2, 2025 – Finance Minister Gilles Roth and Minister of the Economy, SMEs, Energy, and Tourism Lex Delles, responsible ministers for Société Nationale de Crédit et d’Investissement (SNCI), today announced the launch of a new financial instrument designed to strengthen the competitiveness and long-term resilience of Luxembourg companies: the Competitiveness/Sustainability Loan (PCP).
The PCP is primarily aimed at SMEs for any type of project that contributes to their competitiveness/sustainability. Larger companies may also benefit from the loan for projects related to digital and ecological transition. The instrument is implemented in close collaboration with SNCI’s partner intermediary banks, namely: Spuerkeess (BCEE), BIL (Banque Internationale à Luxembourg), BGL BNP Paribas, Banque Raiffeisen, and Banque de Luxembourg.
Developed as part of SNCI’s strategic planning, the PCP provides stable and affordable financing, free of interest (under the European “de minimis” regime) and complements financing granted by intermediary banks. Structured to work alongside commercial bank loans, the PCP acts as a catalyst to unlock additional resources for businesses, while minimizing administrative formalitiesfor applicants, who do not have to fill out any additional paperwork. SNCI co-finances up to 80% of the eligible investment, capped at €200,000 per project with a loan term of up to 10 years. The partner bank finances at least 20% of the project and supports its client throughout the application process.
“Our businesses, and especially our SMEs, are facing growing challenges in an increasingly complex environment. This new instrument is designed to empower SMEs in particular to invest with confidence in forward-looking projects,” said Lex Delles, Minister of Economy, SMEs, Energy, and Tourism. “The PCP will enable sustainable and impactful investments in digital and green transformation, while ensuring accessible and concrete support without adding additional administrative burdens.”
Gilles Roth, Minister of Finance, added: “I am delighted that SNCI has introduced this instrument in collaboration with local commercial banks. The PCP can trigger additional bank financing to support companies in their key projects, regardless of their stage of development. Moreover, it can be combined with other existing SNCI instruments, particularly for capital-intensive and larger projects.”
About SNCI
Société Nationale de Crédit et d’investissement (SNCI) is a public banking institution that specialises in granting access to finance to Luxembourg-based commercial companies with a strong focus on SMEs. It co-finances businesses at every stage of their development having a positive impact on Luxembourg’s sustainable economic diversification. SNCI intervenes either directly or indirectly through loans to partially cover the financing of startup, expansion, transfer or innovation projects. SNCI also acquires and manages holdings in companies and investment funds that are strategically important for the development and diversification of Luxembourg’s economy. www.snci.com
SNCI press contact:
T: 46 19 71-1