Eximbank and the Portuguese state-owned bank Banco Português de Fomento (BPF) have signed a Memorandum of Understanding (MoU) that sets out the framework for a strategic partnership aimed at promoting new export opportunities for companies in both countries.
This Memorandum reflects the new role of the BPF, which from January 2026 took over the function of the Portuguese Export Credit Agency responsible for the management of export credit insurance. Among other things, it creates space for the development of three priority areas of mutual cooperation:
- bilateral investment, facilitating access of Slovak and Portuguese SMEs to new markets and supporting their international expansion,
- joint financing operations with a particular focus on strategic sectors in line with the green and digital transformation,
- institutional cooperation within European networks of development and support banks.
“The signing of this Memorandum strengthens the future position of both institutions as export credit agencies and reinforces the commitment to structured, long-term cooperation to promote sustainable economic growth and internationalisation of Portuguese and Slovak companies,” explains Luís Guimarães, BPF’s Director of Trade and International Relations.
“Through this Memorandum, our cooperation with Banco Português de Fomento will enable us to better support cross-border projects, strengthen bilateral investment flows and contribute to sustainable economic growth and closer economic ties between our countries,” said Rastislav Podhorec, CEO of Eximbanka.
The signing of the Memorandum of Understanding took place during the official visit of the Slovak delegation to Portugal, the aim of which was to deepen mutual understanding between the partners, share experiences and identify new opportunities for cooperation between Portugal and Slovakia, which will strengthen the competitiveness, innovation and sustainable development of the economies of both countries.