[ORGANIZATION]
Sociedade de Garantia Mútua
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Situations
Portuguese state financing and guarantee programmes
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Latest: Portugal increases housing guarantee for Montepio and Novobanco
Portugal has implemented several state-backed financial support and guarantee programs. In August 2026, the Banco Português de Fomento and Sociedade de Garantia Mútua launched the €1.5 billion ‘Impulsar Portugal’ program