IMPLEMENTATION LEVEL

IFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 08 Dec 2017 | Removal date: open ended

State loan

The credit line agreement between the European Investment Bank (EIB) and Tatra-Leasing, s.r.o. was signed on 8 December 2017 and has a total approved value of EUR 100 million (USD 117.6 million). Under the credit line, an initial loan having a total value of EUR 40 million was signed on the same day.

The credit line will, through Tatra-Leasing, s.r.o., support projects carried out by Slovak small and medium-sized enterprises (SMEs) and mid-caps. The credit line is financed under the EIB 2017 programme for EU SMEs and mid-caps, see related state act.

According to the EIB: "This intermediated loan (ed. the credit line) will improve competitiveness and access to finance at favourable conditions by Slovak SMEs and Mid-caps."

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.

AFFECTED COUNTRIES

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