The Special Anti-Crisis SME Guarantee set up by the SNCI is now operational. This is an indirect guarantee instrument granted through commercial banks in order to support the obtainment of bank funding intended to cover extraordinary financial needs caused by the Covid-19 pandemic crisis.
Further information and detailed conditions for the granting of these guarantees are available from commercial banks that have signed the general conditions and which currently are the Banque et Caisse d’Épargne de l’État, the Banque BCP S.A., the Banque de Luxembourg S.A., the Banque Internationale à Luxembourg S.A. and the Banque Raiffeisen S.C.; further banks to follow soon.