Luxembourg, October 2, 2025 – Minister of Finance Gilles Roth and Minister of Economy, SMEs, Energy and Tourism Lex Delles, the ministers responsible for the National Credit and Investment Company (SNCI), today announced the launch of a new financial instrument designed to strengthen the competitiveness and long-term resilience of Luxembourg businesses: the Competitiveness/Sustainability Loan (PCP).
The PCP is primarily aimed at SMEs for any type of project contributing to their competitiveness and sustainability. Larger companies can also benefit from it for projects related to the digital and ecological transition. It is implemented in close collaboration with the SNCI’s partner intermediary banks: Spuerkeess (BCEE), BIL (Banque Internationale à Luxembourg), BGL BNP Paribas, Banque Raiffeisen, and Banque de Luxembourg.
Developed through the SNCI’s strategic planning process, the PCP (Private Partnership for Businesses) offers stable and affordable financing, free of interest (under the European “de minimis” regime), and complementary to financing from intermediary banks. The PCP is structured to complement commercial bank financing, acting as a catalyst to unlock additional resources for businesses, while minimizing administrative burdens for applicants who do not need to complete any additional paperwork. The instrument offers SNCI co-financing of up to 80% and €200,000 per project. The SNCI PCP loan term can be up to 10 years. The commercial bank finances at least 20% of the project and supports its client throughout the application process.
“Our businesses, and especially our SMEs, are facing increasing challenges in an increasingly complex environment.” “This new instrument is designed to empower SMEs, in particular, to invest confidently in future-oriented projects,” stated Lex Delles, Minister of Economy, SMEs, Energy, and Tourism. “The PCP will enable sustainable and impactful investments in the digital and green transformation, while guaranteeing accessible and concrete support without adding any extra administrative burden.”
Gilles Roth, Minister of Finance, added: “I welcome the implementation of this instrument by the SNCI in collaboration with local commercial banks. The PCP can trigger additional bank financing to support businesses in their key projects, regardless of their stage of development. Furthermore, the PCP can be combined with other existing SNCI instruments, particularly for larger, capital-intensive projects.”
About SNCI
The Société Nationale de Crédit et d’Investissement (SNCI) is a public banking institution specializing in providing financing to commercial companies based in Luxembourg, with a particular focus on SMEs. It co-finances companies at every stage of their development, thus contributing to the sustainable economic diversification of Luxembourg. SNCI intervenes directly or indirectly through loans intended to partially cover the financing of projects for creation, expansion, transfer, or innovation. SNCI also acquires and manages shares in companies and investment funds that are of strategic importance for the development and diversification of the Luxembourg economy. www.snci.lu
Press Contact: communications@snci.lu ,T: +352 46 19 71-1