ANNOUNCEMENT 26 Oct 2018

In October 2018, the European Investment Bank (EIB) signed a credit line agreement to support SP Group lending to small and medium-sized enterprises (SMEs) and mid-caps in Finland.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

The European Investment Bank, Financed Projects, SP CENTRAL BANK LOAN FOR SMES AND MID-CAPS: http://www.eib.org/en/projects/loan/loan/20150679
The European Investment Bank, Project summary, Project No. 20150679, SP CENTRAL BANK LOAN FOR SMES AND MID-CAPS: http://www.eib.org/en/projects/pipelines/pipeline/20150679

Inception date: 26 Oct 2018 | Removal date: open ended

State loan

The credit line agreement issued by the European Investment Bank (EIB) was signed on 26 October 2018 and has a total value of EUR 75 million (approx. USD 85.4 million). The credit line will support SP Group lending to small and medium-sized enterprises (SMEs) mainly in Finland. 

In this context, the EIB stated that: "The project (ed. credit line) aims at accelerating and further mobilising private sector investments, enhancing the competitiveness and sustainability of mid-caps and SMEs investment plans in the future."

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

 
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AFFECTED PRODUCTS

 
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