edp

Our Company

Business Units

edp > About EDP > Principles and Policies > Financial Management Policy

Financial Management Policy

The EBD has approved the Group's financial management policy to ensure the best market conditions in contracting loans and financial instruments by means of a centralised, coordinated approach to the banking and capital markets and to guarantee that all the Group's business units meet their financial liabilities.

This policy applies to the main cash operations, risk management and finance involving a risk to the company, such as financial investments, commercial paper issues, Euro Commercial Paper, credit lines, spot and forward exchange operations and interest rate and exchange rate derivative operations.

The policy also establishes a maximum limit on exposure to each counterparty, a method for assessing the risk of each type of financial instrument and the way in which risk limits for each counterparty and financial instrument are monitored.