Founded in 1978, the Société Nationale des crédits et des investissements (SNCI) is a public banking institution owned by the State of Luxembourg; as such, the Bank has its own legal personality.

By law, SNCI is entrusted with a mission of general interest, which consists of supporting the economic policies of the Grand Duchy. To achieve this, it finances commercial enterprises directly or indirectly while ensuring the sustainability of its activities.

As a complementary player to the private sector, SNCI brings together the skills and financing of the public and private sectors. This collaborative approach maximizes the impact of its interventions by creating a powerful leverage effect.

The Société Nationale de Crédit et d’Investissement (SNCI) facilitates access to financing for Luxembourgish businesses, particularly SMEs (including start-ups). Its activities aim to strengthen the competitiveness, sustainability, and resilience of the national economy through two main strategic pillars:

• Credit programs – proStart, proDevelop, proInnovate, and proTransfer – that support businesses and their various projects at every stage of their life cycle;
• Investment programs that contribute to consolidate the sovereignty of the country, diversify the country’s economic fabric but also broaden the access to financing for SMEs, via two major levers: direct investments, via direct or indirect positions in sovereign and/or strategic assets, and investment funds. The implementation of this strategy is articulated around three programmes: SNCI Direct, Luxembourg Future Fund, and the National Defense Fund.

You will find attached the documents containing the law establishing a National Credit and Investment Company and the Grand-Ducal regulations setting the general conditions for equipment credits and medium and long-term loans.