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Millennium bcp is the first bank to offer a mutual guaranteed university credit line...


Millennium bcp is the first bank to offer a mutual guaranteed university credit line...

Millennium bcp is the first bank to offer the Mutual Guarantee University Credit Line, held together by the Portuguese Government through the Foundation for Science and Technology, the Human Capital Operational Program and the Investment Society (Sociedade Investimento SA - SPGM), in partnership with the banking system and the Portuguese mutual guarantee system.

This line already includes the current academic year 2018/2019 and also the next ones, aiming to support access to higher education. It is a product for the funding of TeSP (level 5), undergraduate, masters and doctoral courses, regardless of whether or not they are awarded a scholarship or a social action scholarship.

Millennium bcp signed a protocol with SPGM, as the managing entity of this credit line, for the development of its Mutual Guarantee credit operations.