ANNOUNCEMENT 03 Jul 2018

In July 2018, the European Investment Bank (EIB) signed a credit line agreement with Natixis - BPCE to support small and medium-sized enterprises (SMEs) and mid-cap companies in France.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

The European Investment Bank, Financed Projects, BPCE LOAN FOR SMES AND MIDCAPS: http://www.eib.org/en/projects/loan/loan/20180115
The European Investment Bank, Project summary, Project No. 20180115, BPCE LOAN FOR SMES AND MIDCAPS: http://www.eib.org/en/projects/pipelines/pipeline/20180115

Inception date: 03 Jul 2018 | Removal date: open ended
Still in force

State loan

The credit line agreement between the European Investment Bank (EIB) and Natixis - BPCE was signed on 3 July 2018 and has a total value of EUR 250 million (approx. USD 291 million).

More specifically the credit line will through Natixis - BPCE finance investments promoted by French small and medium-sized enterprises (SMEs) and mid-cap companies in the agricultural, industrial and service sector. In this context, the EIB notes that: "This project will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps in France."

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 SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A