ANNOUNCEMENT 11 Dec 2017

In December 2017, the European Investment Bank (EIB) signed a credit line agreement with Crédit Coopératif to support investments carried out by 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, CREDIT COOPERATIF PRET POUR PME ET ETI: http://www.eib.org/en/projects/loan/loan/20170266
The European Investment Bank, Project summary, Project No. 20170266, CREDIT COOPERATIF PRET POUR PME ET ETI: http://www.eib.org/en/projects/pipelines/pipeline/20170266

Inception date: 11 Dec 2017 | Removal date: open ended
Still in force

State loan

The credit line agreement between the European Investment Bank (EIB) and Crédit Coopératif was signed on 11 December 2017 and has a total value of EUR 100 million (USD 118 million). 

The credit line will, through Crédit Coopératif, support investments carried out by French small and medium-sized enterprises (SMEs) and mid-caps in the industrial and service sectors. The credit line is financed under the EIB 2017 programme for EU SMEs and mid-caps, see related state act.

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