ANNOUNCEMENT 27 Oct 2014

On 27 October 2014, the EIB provided financing worth EUR 400 million (USD 507 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 27 Oct 2014 | Removal date: open ended

State loan

On 27 October 2014, the European Investment Bank (EIB) announced an agreement worth EUR 400 million (approx. USD 507 million) for the project Strategic Banking Corporation of Ireland from Ireland.

According to the project description issued by the EIB, First Loan for SMEs and Midcaps facility to the Strategic Banking Corporation of Ireland (SBCI), the newly set-up public development financial institution in Ireland.

The objective of the project is defined as following: Financing of small/medium projects carried out by small and medium-sized enterprises..

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

 
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