ANNOUNCEMENT 01 Jun 2010

On 01 June 2010, the EIB provided financing worth EUR 100 million (USD 122 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

EIB, Project financing summary, 'Commerzbank Cee Region', 01 June 2010.
https://www.eib.org/en/projects/loans/all/20090691

EIB, Project summary, 'Commerzbank Cee Region', 01 June 2010.
https://www.eib.org/en/projects/pipelines/all/20090691

EIB, Financed projects list
https://www.eib.org/en/projects/pipelines/index.htm?q=&sortColumn=projectStatusDate&sortDir=desc&pageNumber=0&itemPerPage=25&pageable=true&language=EN&defaultLanguage=EN&yearFrom=2010&yearTo=2010&orCountries.region=true&orCountries=true&orSectors=true&orStatus=true

Inception date: 01 Jun 2010 | Removal date: open ended

State loan

On 01 June 2010, the European Investment Bank (EIB) and Commerzbank AG signed an agreement worth EUR 100 million (approx. USD 122 million) for the project Commerzbank Cee Region from Czech Republic-Hungary-Slovakia.

According to the project description issued by the EIB, Loan for the financing of small and medium-sized project promoted by SMEs and Mid-Caps in Czech Republic, Hungary and Slovakia..

The objective of the project is defined as following: An estimated 50% will qualify under Loan for SMEs and 50% should benefit Mid-Caps. A majority of investments should be located in Convergence Regions..

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