State aid: Overview of decisions and on-going in-depth...
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MEMO/12/1018 EUROPEAN COMMISSION MEMO Brussels, 31 December 2017 State aid: Overview of decisions and on-going in-depth investigations of Financial Institutions in Difficulty In 2008/2009, the Commission adopted a temporary state aid framework to enable Member States to deal with financial problems in systemic banks, as well as support access to finance for real economy firms. The crisis rules for banks, which were tightened in July and December 2010, were extended on 1 December 2011. The Temporary Framework for state aid measures to support access to finance in the current financial and economic crisis expired in December 2011.
Transcript of State aid: Overview of decisions and on-going in-depth...
MEMO/12/1018
EUROPEAN COMMISSION
MEMO
Brussels, 31 December 2017
State aid: Overview of decisions and on-going in-depth investigations of Financial Institutions in Difficulty
In 2008/2009, the Commission adopted a temporary state aid framework to enable Member States to deal with financial problems in systemic banks, as well as support access to finance for real economy firms. The crisis rules for banks, which were tightened in July and December 2010, were extended on 1 December 2011. The Temporary Framework for state aid measures to support access to finance in the current financial and economic crisis expired in December 2011.
2
Communications from the Commission to provide guidance to Member States
Communication from the Commission — The application of State aid rules to measures taken in relation to financial institutions in the context of the current global financial crisis, 13 October 2008 (see IP/08/1495)
Communication from the Commission — The recapitalisation of financial institutions in the current financial crisis: limitation of aid to the minimum necessary and safeguards against undue distortions of competition, 5 December 2008 (see IP/08/1901)
Communication from the Commission on the Treatment of Impaired Assets in the Community Banking Sector, 25 February 2009 (see IP/09/322)
Communication from the Commission - Temporary framework for State aid measures to support access to finance in the current financial and economic crisis, adopted on 17 December 2008 (see IP/08/1993), as amended on 25 February 2009.
Communication from the Commission - The return to viability and the assessment of restructuring measures in the financial sector in the current crisis under the State aid rules, 23 July 2009 (see IP/09/1180)
Communication from the Commission – on the application, from 1 January 2011, of State aid rules to support measures in favour of banks in the context of the financial crisis (see IP/10/1636)
Communication from the Commission - on the application, from 1 January 2012, of State aid rules to support measures in favour of banks in the context of the financial crisis (see IP/11/1488)
Communication from the Commission – on the application, from 1 August 2013, of State aid rules to support measures in favour of banks in the context of the financial crisis (see IP/13/672)
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State aid cases - situation as of 31 December
Decisions adopted by the Commission during the period 2008 to 20171. When the Commission applied the Impaired Assets Communication the decision's reference is followed by (*)2 3.
Austria
Type of measure / Beneficiary
Type of Decision Date of adoption
N557/2008 - Aid scheme for the Austrian financial sector (guarantees, recapitalisation & other)
Decision not to raise objections
IP/08/1933
9 December 2008
N352/2009 - Prolongation EXME/09/0630 30 June 2009
N663/2009 - Second prolongation EXME/09/1217 17 December 2009
N241/2010 - Extension IP/10/839 25 June 2010
SA.32018 – Extension EXME 10/16.12 16 December 2010
N 214/2008 - Recapitalisation of Hypo Tirol
Decision not to raise objections
IP/09/928
17 June 2009
N 640/2009 - BAWAG – temporary approval of capital injection and asset guarantee **
Decision not to raise objections
IP/09/1989
22 December 2009
N 261/2010 - Restructuring of BAWAG ** Decision not to raise objections
IP/10/865
30 June 2010
C 16/2009 and N698/2009 – Emergency aid to Hypo Group Alpe Adria **
Decision not to raise objections
IP/09/1998
23 December 2009
SA.32745 - Restructuring of Kommunalkredit **
Decision not to raise objections
IP/11/389
31 March 2011
SA.32172 and SA.32554 – Temporary Decision not to raise 24 May 2011
1 As a general rule, aid schemes are reviewable six months after approval. Some individual decisions
are subject to a review and possible restructuring plan. 2 If for a particular financial institution the Impaired Assets Communication was applied, this institution
appears with the "**" except if the impaired assets measure has been amended. 3 If for a particular decision not all the conditions of the IAC 2009 were fulfilled, the decision appears only once with the "*"
4
approval of aid for Hypo Group Alpe Adria
[decision replaced – see below]
objections
IP/11/636
SA.32172 and SA.32554 – Replacement decision: Temporary approval of aid for Hypo Group Alpe Adria
Decision not to raise objections
19 July 2011
SA.31883 – Restructuring of Österreichische Volksbanken AG
Decision to open an in-depth procedure
IP/11/1522
9 December 2011
SA.31189 – BAWAG Amendment Decision Decision not to raise objections
19 December 2011
SA.31883 – Restructuring of Österreichische Volksbanken AG
Final decision
IP/12/982
19 September 2012
SA.34716 - Recapitalisation of Hypo Tirol Decision not to raise objections
IP/12/1067
4 October 2012
SA.32554 - Temporary approval of an emergency recapitalisation in favour of Hypo Group Alpe Adria
Decision not to raise objections
IP/12/1315
5 December 2012
SA.32745 - Run-off plan of Kommunalkredit
Decision not to raise objections
EXME/13/19.07
19 July 2013
SA.32554 - Liquidation of Hypo Group Alpe Adria
Final decision
IP/13/811
3 September 2013
SA. 31883 (2015/N) – Restructuring of Österreichische Volksbanken AG (OVAG): authorisation for the amended restucturing plan
MEX/15/5303 2 July 2015
SA. 32745 (2017/N) – Sale of parts of Kommunalkredit Austria AG
17 March 2017
Belgium
Belgium/Luxembourg
NN45-49-50/2008 – Guarantee on liabilities of Dexia
Decision not to raise objections
IP/08/1745
19 November 2008
Prolongation IP/09/1662 30 October 2009
Belgium/France/Luxembourg
5
C9/2009 – Guarantee in favour of Dexia on certain assets in FSA **
Decision not to raise objections
IP/09/399
13 March 2009
C9/2009 – Approval of restructuring plan for Dexia **
Final conditional decision after formal investigation procedure
IP/10/201
26 February 2010
SA.33760, SA.33763, SA.33764 – Temporary approval of guarantees on the refinancing of Dexia and DCL and opening of in-depth investigation
Opening decision
IP/11/1592
21 December 2011
SA.33760, SA.33763, SA.33764 (2011/C) - Dexia – prolongation of guarantees and extension of the in depth investigation
IP/12/523 31 May 2012
SA.34925 - Dexia – Increase of guarantee ceiling
IP/12/578 6 June 2012
SA.34925-SA.34927- SA.34928 (2012/C) - Dexia – prolongation of guarantees
MEX/12/0926 26 September 2012
SA.33751, SA.33760, SA.33763, SA.33764 (2011/C) and SA.30521 (MC2/2010) - Dexia and Belfius**
IP/12/1447 28 December 2012
SA.49039 (2017/N) and SA.49064 (2017/N) – Dexia Belgium and Dexia France - Plan de conversion des actions préférentielles de Dexia en actions ordinaires
19 September 2017
Belgium/Luxembourg/Netherlands
N574/2008 – Measures in favour of Fortis Decision not to raise objections
IP/08/1746
19 November 2008
NN42-46-53A/2008 – Restructuring aid to Fortis Bank and Fortis Bank Luxembourg
Decision not to raise objections
IP/08/1884
03 December 2008
Belgium/Luxembourg
N255/2009 and N274/2009 – Additional aid measures in favour of Fortis Bank and
Decision not to raise objections
12 May 2009
6
Fortis Bank Luxembourg ** IP/09/743
Belgium
N602/2008 – Recapitalisation measure in favour of KBC
Decision not to raise objections
IP/08/2033
18 December 2008
NN57/2008 – Capital Injection for Ethias Group
Decision not to raise objections
IP/09/254
12 February 2009
C18/2009 – Recapitalisation and asset relief for KBC Group **
Decision not to raise objections
IP/09/1063
30 June 2009
C18/2009 – Asset relief and restructuring package for KBC
Final conditional decision after formal investigation procedure
IP/09/1730
18 November 2009
N 256/2009 – Restructuring aid for Ethias
Decision not to raise objections
IP/10/592
20 May 2010
SA.29833 – Monitoring of KBC: extension of the target date of certain divestments by KBC
16 December 2010
SA.29833 – Monitoring of KBC: Amendment of certain measures in the Restructuring Plan
27 July 2011
SA.30962 – Monitoring of Ethias 12 September 2011
SA.33751 – Temporary approval of rescue aid for Dexia Bank Belgium and opens in depth investigation
IP/11/1203 17 October 2011
SA.29833 – Monitoring of KBC: extension of the target date of certain divestments by KBC and amendment of restructuring commitments
22 December 2011
SA.9833 (MC11/2009) – KBC – phasing out and divestment
Decision not to raise objections
EXME/12 / 21.12
20 December 2012
SA.30962 - Amendment amendments to the restructuring plan of Ethias
IP/14/672 12 June 2014
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SA.33927 - Recover state aid from financial cooperative ARCO
Opening decision
IP/12/347
Final decision IP/14/773
3 July 2014
SA.43306 - Amendment amendments to the restructuring plan of Ethias: issuance of additional subordinated debt
MEX/15/5901 23 October 2015
Bulgaria
SA.38994 - Liquidity scheme in favour of Bulgarian banks
IP/14/754 29 June 2014
SA.39358 – Liquidity support to First Investment Bank
Decision not to raise objections
IP/14/2124
25 November 2014
Croatia
SA.46066 (2016/N) – Resolution scheme for small credit institutions with institutions with total assets below EUR 1.5 billion
Decision not to raise objections
05 October 2016
SA.48287 (2017/N) – Prolongation of the Resolution scheme for small credit institutions with institutions with total assets below EUR 1.5 billion
Decision not to raise objections
23 June 2017
Cyprus
N511/2009 - Cypriot scheme to support credit institutions (government bonds)
Decision not to raise objections
IP/09/1569
22 October 2009
SA.34827 - Rescue recapitalisation of Cyprus Popular Bank (ex-Marfin)
Decision not to raise objections
IP/12/958
13 September 2012
SA.35499 - State guarantee scheme for Cypriot banks
Decision not to raise objections
IP/12/1171
6 November 2012
SA.35852 - Prolongation EXME/13/22.01 22 January 2013
SA.36930 - Prolongation EXME/13/25.07 25 July 2013
SA.37870 - Prolongation EXME/13/18.12 18 December 2013
SA.38867 - Prolongation EXME/14/25.06 25 June 2014
SA.35334 - Restructuring of Cypriot cooperative credit institutions
Decision not to raise objections
24 February 2014
8
IP/14/186
SA.40027 – Fifth Prolongation of Cypriot guarantee scheme for banks H1 2015
EXME/15/3280 14 January 2015
SA.42080 – Sixth Prolongation of Cypriot guarantee scheme for banks H2 2015
13 July 2015
SA.43367 – 2015 Additional restructuring aid to the cooperative Central Bank Ltd
IP/15/6365 18 December 2015
SA.43874 – Seventh Prolongation of Cypriot guarantee scheme for banks H1 2016
11 January 2016
SA.45051 – Final valuation of the cooperative Central Bank Ltd
27 April 2016
SA.45598 – Eight Prolongation of Cypriot guarantee scheme for banks H2 2016
28 June 2016
Denmark
NN36/2008 - Rescue aid to
Roskilde Bank
Decision not to raise objections
IP/08/1222
31 July 2008
NN39/2008 - Liquidation aid
Roskilde bank
Decision not to raise objections
IP/08/1633
5 November 2008
SA.31867 – Amendments to liquidation aid for Roskilde bank
Decision not to raise objections
EXME 11 / 24.05
24 May 2011
NN51/2008 - Guarantee scheme for banks in Denmark
Decision not to raise objections
IP/08/1483
10 October 2008
N31a/2009 – Amendment of the guarantee scheme
IP/09/206 17 August 2009
N20/2010 - Second prolongation EXME/10/0201 01 February 2010
N257/2010 - Extension IP/10/854 28 June 2010
SA.35741 - Prolongation EXME/12/14.12 14 December 2012
N31a/2009 - Recapitalisation scheme (and amendment of the guarantee scheme)
Decision not to raise objections
IP/09/206
3 February 2009
NN46/2009 - Prolongation EXME/09 /0817 17 August 2009
N628/2009 – Second prolongation EXME/09/1217 17 December 2009
9
NN23/2009 - Rescue aid for Fionia Bank Decision not to raise objections
IP/09/819
20 May 2009
N407/2010 – Danish fund for winding up of banks
Decision not to raise objections
IP/10/1266
30 September 2010
SA.31938 (N537/2010) - Prolongation EXME/10/07.12 07 December 2010
SA.33001 – Prolongation EXME/11/28.06 28 June 2011
SA.33001 - Amendment of winding-up scheme for credit institutions in Denmark
Decision not to raise objections
EXME/11/01.08
1 August 2011
SA. 33757 – Extension of the winding-up scheme for credit institutions in Denmark
Decision not to raise objections
IP/11/1523
9 December 2011
N560/2009 – Aid for the liquidation of Fionia Bank
Decision not to raise objections
IP/10/1374
25 October 2010
SA.32634 - Temporary approval of rescue aid for Amagerbanken
Decision not to raise objections
IP/11/676
06 June 2011
SA 33485 - Restructuring plan of Amagerbanken
EXME/12/01.25 25 January 2012
SA.31945- Liquidation aid for Eik Banken Decision not to raise objections
IP/11/677
06 June 2011
SA.33117 - Aid for the liquidation of Fionia Bank - revised commitments
- 18 July 2011
SA.33639 – Temporary approval of rescue aid for Max Bank
IP/11/1172 10 October 2011
SA.34227– Guarantees for merging banks EXME/12/02.17 17 February 2012
SA.34943 – Prolongation of the winding-up scheme and extension of the guarantee scheme for merging banks
EXME/12/26.06 26 June 2012
SA.36811 – Prolongation of the winding-up and guarantee for merging banks schemes
EXME/13/11.07 11 July 2013
SA.38216 - Prolongation of the winding-up scheme, compensation scheme, Model I and Model II
29 January 2014
SA.34423 Support for the merger of Vestjysk Bank and Aarhus Lokalbank
Decision not to raise objections
25 April 2012
10
EXME/12/04.25
SA.34445 (2012/N) - The transfer of property-related assets from FIH to the FSC
IP/12/723 29 June 2012
SA.34445 - The transfer of property-related assets from FIH to the FSC **
Final decision
IP/14/241
11 March 2014
SA.40029 – Reintroduction of the Winding-up scheme, compensation scheme, Model I and Model II- H1 2015
EXME/15/4428
13 February 2015
SA.42405 – Prolongation of the Winding-up scheme, compensation scheme, Model I and Model II- H2 2015
MEX/12/5682
18 September 2015
SA.34720 (2015/C) - Opening of in-depth investigation into restructuring aid to Vestjysk Bank
IP/15/6252 04 December 2015
SA.34720 (2015/C) - Aid for the restructuring of Vestjysk Bank
IP/17/2073 18 July 2017
SA.44031 (2015/N) –Winding-up scheme for small banks
02 August 2017
Finland
N567/2008 - Finnish guarantee scheme Decision not to raise objections
IP/08/1705
13 November 2008
N44/2009 - Amendment to the guarantee scheme
5 February 2009
N239/2009 - Prolongation and modification
IP/09/681
EXME/09/0430
30 April 2009
N674/2009 – Second prolongation and modification of the guarantee scheme
EXME/09/1217
17 December 2009
NN2/2009 - Guarantee for Kaupthing Bank Finland
Decision not to raise objections
IP/09/82
21 January 2009
N329/2009 - Capital injection scheme Decision not to raise objections
IP/09/1303
11 September 2009
N110/2010 – Prolongation Recapitalisation scheme
EXME/10/0414 14 April 2010
11
France
N548/2008 - Financial support measures to the banking industry in France (Refinancing)
Decision not to raise objections
IP/08/1609
30 October 2008
N251/2009 - Extension of the scheme IP/09/750 12 May 2009
N613/2008 - Financial support measures to the banking industry in France (Recapitalisation)
Decision not to raise objections
IP/08/1900
08 December 2008
N29/2009 - Amendment to the Decision IP/09/158 28 January 2009
N164/2009 - Amendment to the Decision IP/09/461 23 March 2009
N249/2009 - Capital injection for Caisse d'Epargne and Banque Populaire
Decision not to raise objections
IP/09/722
8 May 2009
SA.35389 - State Aid SA. 35389 (2012/N) Rescue aid in favour of Crédit Immobilier de France
Decision not to raise objections
IP/13/148
21 February 2013
SA.37075 - Crédit Immobilier de France – Prolongation of guarantees
Decision not to raise objections
EXME/13/14.08
14 August 2013
SA.37029 - Liquidation of Crédit Immobilier de France
IP/13/1173 27 November 2013
Germany
C9/2008 - Restructuring aid to Sachsen LB
Final conditional decision after formal investigation procedure
IP/08/849
4 June 2008
C10/2008 - Restructuring aid
to IKB
Final conditional decision after formal investigation procedure
IP/08/1557
21 October 2008
NN44/2008 - Rescue aid to Hypo Real Estate Holding
Decision not to raise objections
2 October 2008
12
IP/08/1453
N512/2008 - Aid scheme for financial institutions in Germany (guarantees, recapitalisations & other)
Decision not to raise objections
IP/08/1589
27 October 2008
N625/2008 - Amendment to the Decision 12 December 2008
N330/2009 – Prolongation EXME/09/22.06 22 June 2009
N665/2009 – Second prolongation EXME/09/1217 17 December 2009
N222/2010 – Extension IP/10/789 23 June 2010
SA.34345 – Reactivation EXME/12/05.03 5 March 2012
SA.34897 - Prolongation EXME/12/29.06 29 June 2012
SA.35748 – Prolongation German support scheme
EXME/12/07.12 7 December 2012
N615/2008 - Guarantee and recapitalisation for BayernLB
Decision not to raise objections
IP/08/2034
18 December 2008
N655/2008 - Guarantee for NordLB Decision not to raise objections
IP/08/2056
22 December 2008
N412/2009 - Prolongation for NordLB EXME/09/0910 10 September 2009
N639/2008 - Guarantee for IKB Decision not to raise objections
IP/08/2055
22 December 2008
N17/2009 - Guarantee for SdB – Sicherungseinrichtungsgesellschaft deutscher Banken mbH
Decision not to raise objections
IP/09/114
22 January 2009
N244/2009 - Commerzbank capital injection
Decision not to raise objections
IP/09/711
7 May 2009
SA 34539 (2012/N) – Amendment of restructuring plan of Commerzbank
EXME/12/03.30 30 March 2012
C43/2008 - Aid for the restructuring of West LB **
Final conditional decision after formal investigation procedure
IP/09/741
12 May 2009
N531/2009 - Temporary additional aid to West LB
Decision not to raise objections
IP/09/1434
7 October 2009
N264/2009 - Recapitalisation of HSH Decision not to raise 29 May 2009
13
Nordbank objections
IP/09/854
C17/2009 - Recapitalisation and asset relief for LBBW (Landesbank Baden Württemberg) **
Decision not to raise objections
IP/09/1058
30 June 2009
N314/2009 - German asset relief scheme **
Decision not to raise objections
IP/09/1216
31 July 2009
N400/2009 - Additional aid (guarantees) for IKB
Decision not to raise objections
IP/09/1235
17 August 2009
C17/2009 - Landesbank Baden Württemberg "LBBW" - restructuring plan and impaired assets relief measure
Final conditional decision after formal investigation procedure
IP/09/1927
15 December 2009
N694/2009 – State guarantees for Hypo Real Estate
Decision not to raise objections
IP/09/1985
21 December 2009
N555/2009 – Rescue aid for WestLB; in-depth investigation into bad bank**
Decision not to raise objections
IP/09/1996
22 December 2009
N161/2010 – Recapitalisation of Hypo Real Estate
Decision not to raise objections
19 May 2010
N380/2010 – Temporary authorisation of additional State support (guarantees) for Hypo Real Estate and creation of a bad bank structure, and extension of the ongoing investigation procedure C15/2009 **
Decision not to raise objections
IP/10/1172
24 September 2010
C32/2009 – Restructuring of savings bank Sparkasse KölnBonn
Decision not to raise objections
IP/10/1192
29 September 2010
SA.29510 – WestLB divestments - 21 December 2010
MC 15/2009 - Landesbank Baden Württemberg "LBBW" – Deka divestment
- 14 January 2011
SA.31646 - Monitoring of Sparkasse Köln-Bonn - Prolongation of the deadline for certain divestments
- 30 March 2011
SA.28264 (C15/2009) – Restructuring aid for Hypo Real Estate *
Final decision
IP/11/898
18 July 2011
14
SA.29338 (C29/2009) – Restructuring of HSH Nordbank **
Final conditional decision
IP/11/1047
20 September 2011
SA.29590 (C40/2009) – Approval of split-up of WestLB **
Final decision
IP/11/1576
20 December 2011
SA.33571 – Temporary approval of the recapitalisation of NordLB
Decision not to raise objections
EXME/11/22.12
22 December 2011
SA.34381 - Restructuring of NordLB * Decision not to raise objections
IP/12/838
25 July 2012
SA.28487 - Restructuring aid to BayernLB *
Final conditional decision
IP/12/847
25 July 2012
SA.29338 - Amendment of HSH Nordbank AG Restructuring
Decision not to raise objections and opening of proceedings
IP/13/589
21 June 2013
SA.31646 - Amendment of the restructuring plan for Sparkasse Köln-Bonn
23 July 2013
SA.34381 - Amendment of Restructuring Plan of NordLB
Decision not to raise objections
IP/13/788
22 August 2013
SA.30062 - Amendment of LBBW 9 December 2013
SA.44910 – No aid: Approval to existing guarantee ceiling for HSH Nordbank AG
IP/16/1643 2 May 2016
Greece
N560/2008 - Aid scheme to the banking industry in Greece (guarantees, recapitalisation & other)
Decision not to raise objections
IP/081742
19 November 2008
Prolongation and modification EXME/09/0918 18 September 2009
N690/2009 – Prolongation EXME/10/0125 25 January 2010
N163/2010 - Amendment 12 May 2010
N260/2010 – Extension and amendment IP/10/864 30 June 2010
SA.31998 – Fourth extension - 21 December 2010
15
SA.32767 - Amendment EXME 11/04.04 4 April 2011
SA.33153 – Prolongation EXME 11/27.06 27 June 2011
SA.34149 – Prolongation EXME 12/06.02 6 February 2012
SA.35002 - Prolongation 6 July 2012
SA.35999 – Prolongation of guarantee and bond loan scheme
EXME/13/22.01 22 January 2013
SA.36956 - Prolongation of the Guarantee Scheme and the Bond Loan Scheme
EXME/13/25.07 25 July 2013
SA.37958 - Prolongation of the Guarantee Scheme and the Bond Loan Scheme
14 January 2014
SA.38857 - - Prolongation of the Guarantee Scheme and the Bond Loan Scheme
EXME/14/26.06 26 June 2014
N328/2010 – Scheme for the recapitalisation of credit institutions in Greece under the financial Stability Fund (FSF)
IP/10/1092 3 September 2010
SA. 31999 – Prolongation EXME 10/14.12 14 December 2010
SA.33154 - Prolongation EXME 11/27.06 27 June 2011
SA.34148 - Prolongation EXME 12/06.02 6 February 2012
SA.31154 – Restructuring of Agricultural Bank of Greece (ATE)
Decision not to raise objections
IP/11/626
23 May 2011
SA.34064 – Temporary approval of second rescue recapitalisation of National Bank of Greece under the Greek recapitalisation scheme
Decision not to raise objections
EXME/11/22.12
22 December 2011
SA.34115 – Resolution of T bank IP/12/485 16 May 2012
SA.34488 - Restructuring aid to Proton bank through creation and capitalisation of Nea Proton
IP/12/854 27 July 2012
SA.34823 HFSF Recapitalisation commitment to Alpha Bank
IP/12/860 27 July 2012
SA.34824 HFSF Recapitalisation commitment to National Bank of Greece
IP/12/860 27 July 2012
SA.34825 HFSF Recapitalisation commitment to EFG Eurobank
IP/12/860 27 July 2012
SA.34826 HFSF Recapitalisation commitment to Piraeus Bank
IP/12/860 27 July 2012
16
SA.35460 – Liquidation of ATE IP/13/401 3 May 2013
SA.31155 - Resolution of Hellenic Postbank through the creation of a bridge bank
Decision not to raise objections
6 May 2013
SA.34825 - Restructuring aid to Eurobank Final decision
IP/14/495
29 April 2014
SA.34488 - Restructuring aid to Proton bank through creation and capitalisation of Nea Proton
Final decision
IP/14/495
29 April 2014
SA.31155 - Resolution of Hellenic Postbank through the creation of a bridge bank
Final decision
IP/14/495
29 April 2014
SA.34823 - Restructuring of Alpha Bank Final decision
IP/14/790
9 July 2014
SA.37965, SA.37966, SA.37967 - Resolution of three cooperative banks
9 July 2014
SA.34826 - Restructuring of Piraeus Bank Final decision
IP/14/870
23 July 2014
SA.34824 – Restructuring of National Bank of Greece including SA.36658 - Resolution aid to First Business Bank (FBB) and SA.37156 - PROBANK S.A. – Resolution through a transfer order to National Bank of Greece
Final decision
IP/14/869
23 July 2014
SA.40030 –Prolongation of the Guarantee Scheme and the Bond Loan Scheme for Credit Institutions in Greece
EXME/15/3280 14 January 2015
SA.41503 – Resolution of Panellinia Bank through a transfer order to Piraeus Bank
16 April 2015
SA.43366 – Approval of amended restructuring plan of Alfa Bank
IP/15/6184 26 November 2015
SA.43363 – Approval of amended restructuring plan of Eurobank
IP/15/6184 26 November 2015
SA.43364 – Approval of amended restructuring plan of Piraeus Bank
IP/15/6193 29 November 2015
SA.43365 – Amendment of the Restructuring plan approved in 2014 and granting of new aid to National Bank of Greece
IP/15/6255 04 December 2015
SA.43886 – Resolution of Peloponnese Cooperative
Statement/15/6372 17 December 2015
SA.43825 – Prolongation of the Greek Financial Support measures
18 December 2015
17
SA.45629 – Prolongation of the Greek Financial Support measures (recapitalisation scheme, guarantee scheme and a bond loan scheme)
29 June 2016
SA.46558 (2016/N) – Liquidity Support to Attica bank
07 October 2016
SA.46955 (2016/N) – Prolongation of the State Guarantee Scheme
19 December 2016
SA.48400 (2017/N) – Prolongation of the State Guarantee Scheme
03 July 2017
SA.49583 (2017/N) – Prolongation of the State Guarantee Scheme
06 December 2017
Hungary
N664/2008 - Financial support measures to Hungarian financial industry in form of recapitalisation and guarantee scheme
Decision not to raise objections
IP/09/253
12 February 2009
N355/2009 - Prolongation and modification
EXME09 /0903 3 September 2009
N662/2009 – Second prolongation EXME/09/1217 17 December 2009
N224/2010 – Third prolongation of Hungarian recapitalisation scheme
IP/10/789 23 June 2010
SA.31928 (N536/2010) – Fourth prolongation
EXME/10/07.12 07 December 2010
SA.32995 – Prolongation EXME/11/23.06 23 June 2011
SA 34077 - Extension EXME//08.03 8 March 2012
SA.35145 – Prolongation EXME/12/30.07 30 July 2012
SA.36088 - Prolongation EXME/13/01.03 1 March 2013
N 358/2009 - Hungarian Mortgage Support Scheme
Decision not to raise objections
IP/09/1123
13 July 2009
N603/2009 - Prolongation EXME 09/1124 24 November 2009
SA.31922 - Prolongation EXME 10/08.12 08 December 2010
SA. 32993 - Prolongation EXME 11/09.06 09 June 2011
NN68/2009 – Hungarian liquidity support Decision not to raise 14 January 2010
18
scheme objections
IP/10/19
N225/2010 - Extension IP/10/854 28 June 2010
SA.31927 (N 535/2010) - Prolongation EXME/10/07.12 07 December 2010
SA.32994 – Prolongation EXME/11/23.06 23 June 2011
SA 34078 - Extension EXME/12/07.03 7 March 2012
SA.35144 – Prolongation EXME/12/30.07 30 July 2012
SA.36087 - Prolongation EXME/13/22.03 22 March 2013
SA.29608 (C37/2010) - Recapitalisation of FHB
EXME/12/22.02 22 February 2012
SA.40441 (2015-N) – Approval of restructuring aid to Magyar Kereskedelmi Bank Zrt (MKB) **
IP/15/6347 16 December 2015
SA.38843 – Hungarian Asset Management Company (MARK)
IP/16/279 10 February 2016
Ireland
NN48/2008 - Guarantee scheme for banks in Ireland
Decision not to raise objections
IP/08/1497
13 October 2008
N9/2009 - Recapitalisation of Anglo Irish Bank
Decision not to raise objections
IP/09/50
14 January 2009
N356/2009 - Recapitalisation of Anglo Irish Bank
Decision not to raise objections
IP/09/1045
26 June 2009
N61/2009 - Change of ownership of Anglo Irish Bank
Decision not to raise objections
IP/09/271
17 February 2009
N149/2009 - Recapitalisation of Bank of Ireland
Decision not to raise objections
IP/09/483
26 March 2009
N241/2009 - Recapitalisation of Allied Irish Bank
Decision not to raise objections
IP/09/744
12 May 2009
19
N349/2009 - Revised Irish guarantee scheme for financial institutions (Eligible Liabilities Guarantee scheme)
Decision not to raise objections
IP/09/1787
20 November 2009
N198/2010 - Prolongation EXME/10/0531 31 May 2010
N254/2010 - Extension IP/10/854 28 June 2010
N487/2010 – Extension (including guarantees on short-term liabilities)
Decision not to raise objections
EXME/10/10.11
10 November 2010
SA.33006 – Prolongation (including guarantees on short-term liabilities)
Decision not to raise objections
IP/11/673
01 June 2011
SA.33740 - Prolongation (including guarantees on short-term liabilities)
Decision not to raise objections
EXME/11/08.12
8 December 2011
SA.34746 - Prolongation Decision not to raise objections
1 June 2012
SA.35744 - Extension Decision not to raise objections
12/12.12
12 December 2012
N725/2009 - Irish impaired asset relief scheme (National Asset Management Agency (NAMA)) **
Decision not to raise objections
IP/10/198
26 February 2010
NN11/2010 – Temporary approval of Rescue measure in favour of INBS
Decision not to raise objections
IP/10/400
30 March 2010
NN12/2010 and C11/2010 – Temporary approval of second recapitalisation of Anglo Irish Bank and restructuring of Anglo Irish Bank
Decision not to raise objections on recapitalisation, and opening of proceedings on restructuring
IP/10/400
31 March 2010
N160/2010 – Temporary approval of recapitalisation of EBS
Decision not to raise objections
IP/10/658
2 June 2010
N546/2009 - Approval of restructuring plan of Bank of Ireland
Decision not to raise objections
IP/10/954
15 July 2010
N331/2010 – Approval of the transfer of the first tranche of impaired assets under the Irish asset relief scheme NAMA**
Decision not to raise objections
EXME 10/03.08
3 August 2010
20
NN35/2010 – Temporary approval of third recapitalisation of Anglo Irish Bank
Decision not to raise objections
IP/10/1046
10 August 2010
N347/2010 – Guarantee scheme for Irish Financial Institutions
Decision not to raise objections
IP/10/1154
21 September 2010
SA.31919 – Approval of the transfer of the second tranche of impaired assets under the Irish asset relief scheme NAMA
Decision not to raise objections
EXME 10/29.11
29 November 2010
SA.31891 – Second recapitalisation of Allied Irish Bank
Decision not to raise objections
IP/10/1765
21 December 2010
SA.32057 – Temporary approval of fourth recapitalisation and certain guarantees in favour of Anglo Irish Bank
Decision not to raise objections
IP/10/1765
21 December 2010
SA.31714 – Second recapitalisation of Irish Nationwide Building Society (INBS)
Decision not to raise objections
IP/10/1765
21 December 2010
SA.29907 and SA.32504 - Resolution of Anglo Irish Banks and Irish Nationwide Building Society
Final Decision
IP/11/801
29 June 2011
SA.33216 – Second rescue recapitalisation of Bank of Ireland
Decision not to raise objections
IP/11/854
11 July 2011
SA.33296 – Temporary approval of rescue aid for merged entity Allied Irish Banks/Educational Building Society
Decision not to raise objections
IP/11/892
15 July 2011
SA.33311 – Temporary approval of rescue aid for Irish Life & Permanent Group Holdings
Decision not to raise objections
IP/11/913
20 July 2011
SA.33023 – Restructuring of Quinn Insurance Limited *
Decision not to raise objections
IP/11/1187
12 October 2011
SA.33443 – Second Restructuring Plan of Bank of Ireland
Decision not to raise objections
IP/11/1572
20 December 2011
SA.33170 – Resolution scheme for credit unions in Ireland
Decision not to raise objections
IP/11/1574
20 December 2011
SA.35209 - Prolongation EXME/12/03.09 3 September 2012
21
SA.35819 - Prolongation EXME/14.12 14 December 2012
SA.36944 - Prolongation 18 July 2013
SA.37984 - Prolongation EXME/14/16.01 16 January 2014
SA.38985 - Prolongation EXME/14/17.07 17 July 2014
SA.36262 - Prolongation IP/14/1167 16 October 2014
SA.31286 (MC9/2010) - Bank of Ireland Decision not to raise objections
IP/13/669
9 July 2013
SA.29786 - Restructuring of AIB/EBS
IP/14/524 7 May 2014
SA.38562 - NAMA – Third tranche ** EXME/14/29.07 29 July 2014
SA.39837 (2014/N) - Sixth Prolongation of the Credit Union Resolution Scheme
29 January 2015
SA.33442 (2011/N) - Restructuring of Irish Life and Permanent Group Holdings plc (PTSB)
EXME/15/4756 9 April 2015
SA.41371 (2015/N) - First Prolongation of the Credit Union Restructuring and Stabilisation Scheme
5 May 2015
SA. 42083 - Prolongation of the Credit Union Restructuring Scheme
MEX/15/5303 2 July 2015
SA.43423 (2015/N) - Second Prolongation of the Credit Union Restructuring and Stabilisation Scheme
MEX/15/6098 16 November 2015
SA.43745 (2015/N) - Eight Prolongation of the Credit Union Resolution Scheme
MEX/15/6360 17 December 2015
SA.45129 (2016/N) - Third Prolongation of the Credit Union Restructuring and Stabilisation Scheme
4 May 2016
SA.45522 (2016/N) - Ninth Prolongation of the Credit Union Resolution Scheme
20 June 2016
SA.46437 (2016/N) - Fourth Prolongation of the Credit Union Restructuring and Stabilisation Scheme
11 October 2016
SA.46951 (2016/N) - Tenth Prolongation of the Credit Union Resolution Scheme H1 2017
19 December 2016
SA.48099 (2017/N) - Fifth Prolongation of the Credit Union Restructuring and Stabilisation Scheme
17 May 2017
SA.48337 (2017/N) –Eleven Prolongation of the Credit Union Resolution Scheme H1
05 July 2017
22
2017
SA.49194 (2017/N) - Sixth Prolongation of the Credit Union Restructuring and Stabilisation Scheme
25 October 2017
SA.49274 (2017/N) –Twelve Prolongation of the Credit Union Resolution Scheme H1 2017
15 November 2017
Italy
N520a/2008 - Guarantee scheme for Italian banks
Decision not to raise objections IP/08/1706
14 November 2008
N328/2009 - Prolongation IP/09/929 16 June 2009
SA.34032 – Reintroduction of the Italian Guarantee scheme
EXME/11/15.12 15 December 2011
SA.34344 - Amendment EXME/12/22.02 22 February 2012
N648/2008 - Recapitalisation scheme Decision not to raise objections
IP/08/2059
23 December 2008
N97/2009 - Amendment 20 February 2009
N466/2009 - Prolongation MEX/09/1006 6 October 2009
N425/2010 - Prolongation EXME/10/21.10 21 October 2010
SA.35137 - MPS recapitalisation IP/12/1383 17 December 2012
SA.36175 - MPS - Restructuring IP/13/1174 27 November 2013
SA.39451 – Investigation on State support to Banca Tercas
Opening Decision
EXME/15/4519
27 February 2015
SA.39543 – Approval of resolution plan of Banca Marche**
IP/15/6139 22 November 2015
SA.41134 – Approval of resolution plan of Banca Etruria**
IP/15/6139 22 November 2015
SA.41925 – Approval of resolution plan of Banca Carife**
IP/15/6139 22 November 2015
SA.43547 – Approval of resolution plan of Banca Carichieti**
IP/15/6139 22 November 2015
SA.39451 – Investigation on State support to Banca Tercas **
Negative Decision with recovery
IP/15/6395
23 December 2015
SA.43390 – Approval of Italian IP/16/279 10 February 2016
23
Securitisation Scheme
SA.39543 – Amendment to resolution plan of Banca Marche **
29 April 2016
SA.41134 – Amendment to resolution plan of Banca Etruria **
29 April 2016
SA.41925 – Amendment to resolution plan of Banca Carife **
29 April 2016
SA.43547 – Amendment to resolution plan of Banca Carichieti **
29 April 2016
SA.39543 – Second Amendment to resolution plan of Banca Marche **
07 October 2016
SA.41134 – Second Amendment to resolution plan of Banca Etruria*
07 October 2016
SA.41925 – Second Amendment to resolution plan of Banca Carife **
07 October 2016
SA.43547 –Second Amendment to resolution plan of Banca Carichieti **
07 October 2016
SA.47081 – Liquidity support to MPS Bank Decision not to raise objections
29 December 2016
SA.47082 – First Prolongation of the Guarantee scheme for Italian banks
Decision not to raise objections
29 December 2016
SA.47149 – Liquidity support to Banca Popolare di Vicenza
Decision not to raise objections
18 January 2017
SA.47150 – Liquidity support to Veneto Banca
Decision not to raise objections
18 January 2017
SA.47940 – Additional Liquidity support to Banca Popolare di Vicenza
Decision not to raise objections
12 April 2017
SA.47941 – Additional Liquidity support to Veneto Banca
Decision not to raise objections
12 April 2017
SA.39543 – Third Amendment to resolution plan of Banca Marche: Sale of the bridge banks Marche, Etruria and Carichieti to UBI Banca **
Decision not to raise objections
30 April 2017
SA.41134 – Third Amendment to resolution plan of Banca Etruria: : Sale of the bridge banks Marche, Etruria and Carichieti to UBI Banca **
Decision not to raise objections
30 April 2017
SA.43547 – Third Amendment to resolution plan of Banca Carichieti: Sale of the bridge banks Marche, Etruria and Carichieti to UBI Banca **
Decision not to raise objections
30 April 2017
SA.45664 (2017/N) –Orderly liquidation of Banca Popolare di Vicenza and Veneto
IP/17/1791 25 June 2017
24
Banca - Liquidation aid * SA.41925 (2017/N-2) – Sale of the bridge bank Nuova Carife to BPER (third amendment to the resolution of Carife) **
29 June 2017
SA.47677 (2017/N) –New aid and amended restructuring plan of Banca Monte dei Paschi di Siena **
IP/17/1502
IP/17/1905
04 July 2017
SA.48416 (2017/N) – Prolongation of the Italian guarantee Scheme for the Securitisation of non-performing loans **
06 September 2017
Latvia
NN68/2008 - Public support measures to Parex Banka
Decision not to raise objections
IP/08/1766
24 November 2008
NN3/2009 - Amendment to the Decision 11 February 2009
N189/2009 - Amendment to the Decision IP/09/732 11 May 2009
N638/2008 - Guarantee scheme for banks Decision not to raise objections
IP/08/2054
22 December 2008
N326/2009 – Prolongation EXME/09/0630 30 June 2009
N664/2009 – Second prolongation EXME/09/1217 17 December 2009
N223/2010 – Extension IP/10/839 24 June 2010
NN60/2009 - Capital injection for Mortgage Bank of Latvia
Decision not to raise objections
IP/09/1742
19 November 2009
C26/2009 – Restructuring of Parex Banka **
Final decision
IP/10/1127
15 September 2010
SA.30704 – Temporary approval of support to Latvian Mortgage and Land Bank and opening of in-depth procedure into the measures for the bank's transformation
Decision not to raise objections and opening of proceedings on restructuring
IP/12/77
26 January 2012
SA.34747 - Amendments to Parex restructuring plan
EXME/12/10.08 10 August 2012
25
SA.30704 - Additional aid measures to the Latvian Mortgage and Land Bank
Final decision
IP/13/705
17 July 2013
SA.36612 – State aid in favour of Reverta and Citadele
IP/14/793 9 July 2014
Lithuania
N200/2009 and N47/2010 – Support Package for Lithuanian Financial Institutions (guarantees, recapitalisations and asset relief) **
Decision not to raise objections
IP/10/1032
5 August 2010
SA.32188 – Extension EXME/11/21.1 21 January 2011
SA. 33135 - Prolongation EXME/11/27.06 27 June 2011
SA 34288 - Extension EXME/12/06.03 6 March 2012
SA.35129 - Prolongation EXME/12/27.07 27 July 2012
SA.36047 - Prolongation EXME/13/22.02 22 February 2013
SA.34208 - Rescue of the Lithuania's Central Credit Unions
MEX/12/0926 26 September 2012
SA.36248 - Resolution of AB Ukio Bankas Decision not to raise objections
EXME/13/14.08
14 August 2013
SA.38664 - Additional liquidation aid for the resolution of AB Ukio Bankas
EXME/14/17.07 17 July 2014
SA.48920 (2017/N) - Recapitalisation of the Lithuanian Central Credit Union
18 December 2017
Luxembourg
N344/2009&N380/2009 - Restructuring aid for Kaupthing Bank Luxembourg
Decision not to raise objections
IP/09/1107
9 July 2009
SA.34440 (2012/C) (ex 2012/N) – Sale of Dexia
Opening decision 3 April 2012
SA.34440 (2012/C) (ex 2012/N) – Sale of Dexia BIL
Final no aid decision
IP/12/840
25 July 2012
Netherlands
N524/2008 - Guarantee scheme for Dutch financial institutions
Decision not to raise objections
30 October 2008
26
IP/08/1610
N379/2009 - Prolongation and modification
EXME/09/0707 7 July 2009
N669/2009 – Second prolongation EXME/09/1217 17 December 2009
N238/2010 - Extension IP/10/864 29 June 2010
N528/2008 - Measure in favour of ING Decision not to raise objections
IP/08/1699
13 November 2008
N569/2008 - Measure in favour of Aegon Decision not to raise objections
IP/08/1822
27 November 2008
N611/2008 - SNS REAAL/New capital injection by Dutch authorities
Decision not to raise objections
IP/08/1951
10 December 2008
C10/2009 - ING Illiquid asset facility ** Decision not to raise objections
IP/09/514
31 March 2009
C10/2009 - ING restructuring plan and illiquid asset back-up facility
Final decision
IP/09/1729
18 November 2009
N371/2009 – Approval of recapitalisation of SNS REAAL
Decision not to raise objections
IP/10/82
28 January 2010
N372/2009 – Approval of recapitalisation of AEGON
Decision not to raise objections
IP/10/1053
17 August 2010
SA.29832 – ING call of hybrid instruments IP/10/1619 30 November 2010
SA.26674 – Restructuring of ABN Amro Group
Final conditional decision
IP/11/406
5 April 2011
SA.33303 – Additional commitments by SNS - to ensure proper remuneration of a capital injection
Decision not to raise objections
EXME/11/19.12
19 December 2011
N 373/2009 (SA.28855) – ING approval of 2009 restructuring plan**
Decision not to raise objections
IP/12/468
11 May 2012
SA.33305 and SA.29832 – Re-notification of recapitalisation aid to ING
Opening decision
IP/12/468
11 May 2012
SA.33305 and SA.29832 – Amendment of Final decision 16 November 2012
27
the ING restructuring IP/12/1226
SA.35382 - Rescue aid for SNS REAAL IP/13/150 22 February 2013
SA.29832 - Amendment of ING 5 November 2013
SA.29832 - Monitoring of ING 11 December 2013
SA.36598 - Restructuring plan of SNS – 2013 **
IP/13/1280 19 December 2013
Poland
N208/2009 - Polish support scheme for financial institutions (guarantee and liquidity support)
Decision not to raise objections
IP/09/1360
25 September 2009
N 658/2009 - Prolongation EXME/10/0209 9 February 2010
N236/2010 – Second Extension IP/10/864 29 June 2010
SA.31923 – Third Prolongation EXME 10/16.12 16 December 2010
SA.33008 and 32946 – Prolongation EXME/11/28.6 28 June 2011
SA.34081 - Prolongation EXME/12/08.02 8 February 2012
SA.34811 - Prolongation EXME/12/09.07 9 July 2012
SA.35944 - Prolongation EXME/13/29.01 29 January 2013
SA.36965 - Prolongation 23 July 2013
SA.38023 - Prolongation EXME/14/03.02 3 February 2014
SA.39015 - Prolongation EXME/14/29.07 29 July 2014
N302/2009 – Polish bank recapitalisation scheme
Decision not to raise objections
IP/09/1979
21 December 2009
N 262/2010 - Prolongation 5 July 2010
SA.31924 – Second extension EXME 10/16.12 16 December 2010
SA.33007 – Prolongation EXME/11/28.6 28 June 2011
SA.34066 - Prolongation EXME/12/27.2 27 February 2012
SA.34812 – Prolongation EXME/12/29.06 29 June 2012
SA.35943 - Prolongation EXME/13/11.02 11 February 2013
SA.37425 - Credit Unions Orderly Liquidation Scheme
EXME/14/18.02 18 February 2014
SA.38747 - Prolongation EXME/14/01.07 1 July 2014
SA.40096 - Second Prolongation of the Credit Unions Orderly Liquidation Scheme
EXME/15/27.01 27 January 2015
SA.40480 - Polish bank guarantee scheme EXME/15/27.01 27 January 2015
28
– Eleventh Prolongation
SA.37421 (2014/N) - Methodology to calculate the Gross Grant Equivalent for State aid in the form of sureties and guarantees
01 July 2015
SA.42078 (2015/N) – Third Prolongation of the Credit Unions Orderly Liquidation Scheme H2 2015
MEX/15/5312 06 July 2015
SA.42560 (2015/N) - Polish bank guarantee scheme –Twelfth Prolongation
MEX/15/5523 24 August 2015
SA.43650 (2015/N) – Fourth Prolongation of the Credit Unions Orderly Liquidation Scheme H1 2016
15 December 2015
SA.43924 (2015/N) - Polish bank guarantee scheme H1 2016–Thirteenth Prolongation
1 February 2016
SA.45517 (2016/N) – Fifth Prolongation of the Credit Unions Orderly Liquidation Scheme H2 2016
29 June 2016
SA.45575 (2016/N) - Polish bank guarantee scheme H2 2016–Fourteenth Prolongation
1 July 2016
SA.46871 (2016/N) – Fifteenth Prolongation Polish bank guarantee scheme H1 2017
19 December 2016
SA.46575 (2016/N) – Resolution Scheme for cooperative banks
20 December 2016
SA.46982 (2017/N) – Sixth Prolongation of the Credit Unions Orderly Liquidation Scheme H1 2017
02 March 2017
SA.48227 (2017/N) – Sixteenth Prolongation Polish bank guarantee scheme H2 2017
05 July 2017
SA.48302 (2017/N) – Prolongation of the Resolution Scheme for cooperative banks and small commercial banks
02 August 2017
SA.48256 (2017/N) – Seventh Prolongation of the Credit Unions Orderly Liquidation Scheme H2 2017
02 August 2017
Portugal
NN60/2008 - Guarantee scheme for credit Decision not to raise 29 October 2008
29
institutions in Portugal objections
IP/08/1601
N51/2010 – Prolongation EXME/10/0222 22 February 2010
N 315/2010 - Extension IP/10/997 23 July 2010
SA.32158 – Third prolongation EXME/11/21.1 21 January 2011
SA.33178 – Fourth prolongation EXME/11/30.06 30 June 2011
SA.34034 - Amendment EXME/11/21.12 21 December 2011
SA.34958 - Prolongation EXME/12/27.06 27 June 2012
SA.35743 - Prolongation EXME/12/17.12 17 December 2012
SA.36869 - Prolongation EXME/13/01.08 1 August 2013
SA.37698 - Prolongation EXME/13/19.12 19 December 2013
SA.38900 - Prolongation EXME/14/30.07 30 July 2014
N556/2008 - Bank recapitalisation scheme Decision not to raise objections
IP/09/818
20 May 2009
N 80/2010 – Prolongation EXME/10/0317 17 March 2010
N314/2010 – Second prolongation IP/10/997 23 July 2010
SA.32157 – Third extension EXME/11/21.1 21 January 2011
SA.33177 – Fourth prolongation EXME/11/30.06 30 June 2011
SA.34055 – Prolongation EXME/12/30.05 30 May 2012
SA.35747 - Prolongation EXME/12/17.12 17 December 2012
SA.36869 – Prolongation EXME/13/01.08 1 August 2013
C33/2009 - Banco Privado Português – recovery of illegal State aid
Negative decision with recovery
IP/10/972
20 July 2010
SA.26909 – Banco Português de Negócios *
Approval of the restructuring
IP/12/315
27 March 2012
SA.34055 (2011/N) - New recapitalisation scheme for banks in Portugal
Decision not to raise objections
EXME/12/30.5
30 May 2012
SA.35062 - Recapitalisation of Caixa Geral de Depósitos, S.A. (CGD)
Decision not to raise objections
IP/12/805
18 July 2012
Rescue recapitalisation of Banif Decision not to raise objections
IP/13/31
21 January 2013
30
SA.36180 - Portuguese Guarantee Scheme on EIB lending
27 June 2013
SA.37417 - Amendment of the Guarantee Scheme on EIB lending
7 October 2013
SA.37688 - Prolongation EXME/13/18.12 17 December 2013
SA.38778 - Prolongation EXME/14/30.07 30 July 2014
SA.35062 - Restructuring of Caixa Geral de Depósitos, S.A. (CGD)
Final decision IP/13/738 24 July 2013
SA.35238 - BPI Restructuring Decision not to raise objections IP/13/738
24 July 2013
SA.34724 - Restructuring of Millennium BCP / Portugal
Decision not to raise objections EXME/13/02.09
29 September 2013
SA.39250 - Resolution aid for Portuguese Banco Espírito Santo
IP/14/901 4 August 2014
SA.39991 – Eleventh Prolongation of the Portuguese Guarantee Scheme
EXMEX/15/4120 4 February 2015
SA.39958 – Third Prolongation of the Portuguese Guarantee Scheme on EIB lending
6 February 2015
SA.42156 – Fourth Prolongation of the Portuguese Guarantee Scheme on EIB lending
MEX/15/5377 15 July 2015
SA.42404 – Twelfth Prolongation of the Portuguese Guarantee Scheme
MEX/15/5425 4 July 2015
SA.43976 – Amendment of the 2014 Resolution for Portuguese Banco Espírito Santo
IP/15/6381 19 December 2015
SA.43977 - Resolution of Banif * Opening decision IP/15/5439
closing decision
IP/15/6380
21 December 2015
SA.43996 – Thirteenth Prolongation of the Portuguese Guarantee Scheme
13 January 2016
SA.44013 – Fifth prolongation of the Portuguese Guarantee Scheme on EIB lending
1 February 2016
SA.43976 – Corrigendum to the Decision "Amendment of the 2014 Resolution for Portuguese Banco Espírito Santo"of 19 December 2015
IP/15/6381 16 February 2016
SA.45671 – Sixth prolongation of the Portuguese Guarantee Scheme on EIB
28 July 2016
31
lending
SA.45761 – Fourteenth Prolongation of the Portuguese Guarantee Scheme
29 July 2016
SA.43977 – Decision on the impaired asset measure in the resolution of Banif **
21 November 2016
SA.47164 – Seventh prolongation of the Portuguese Guarantee Scheme on EIB lending
17 February 2017
SA.47168 – Fifteenth Prolongation of the Portuguese Guarantee Scheme
17 February 2017
SA.47178 – Recapitalisation measures for Caixa Geral de Depósitos, S.A and limited amendments of the existing commitments
IP/17/556
MEMO/17/557
10 March 2017
SA.49275 – Sale of Novo Banco with additional aid in the context of the 2014 Resolution of Banco Espírito Santo S.A.
IP/17/3865 11 October 2017
SA.48549 – Eighth prolongation of the Portuguese Guarantee Scheme on EIB lending
07 November 2017
SA.48550 – Sixteenth Prolongation of the Portuguese Guarantee Scheme
07 November 2017
Slovakia
N392/2009 - Slovak bank support scheme (guarantees and recapitalisations)
Decision not to raise objections
IP/09/1889
8 December 2009
Slovenia
N531/2008 - Guarantee scheme for credit institutions in Slovenia
Decision not to raise objections
IP/08/1964
12 December 2008
N331/2009 - Prolongation EXME/09 / 22.06 22 June 2009
N651/2009 – Second prolongation EXME/09/1217 17 December 2009
N245/2010 - Extension IP/10/864 29 June 2010
32
N637/2008 - Liquidity scheme for financial sector
Decision not to raise objections
IP/09/452
20 March 2009
N510/2009 – Prolongation EXME/09/1910 19 October 2009
N113/2010 – Second Prolongation EXME/10/0415 15 April 2010
N321/2010 – Extension IP/10/1066 24 August 2010
SA.32261 – Temporary approval of rescue recapitalisation of Nova Ljubljanska Banka
IP/11/264 7 March 2011
SA.34937 - Second Recapitalisation of NLB and opening of proceedings
Decision not to raise objections and opening of proceedings
IP/12/724
2 July 2012
SA.35709 - Recapitalisation of NKBM Decision not to raise objections
MEX/12/1220
20 December 2012
SA.37315 - Rescue aid in favour to Factor Banka
Decision not to raise objections
IP/13/822
6 September 2013
SA.37314 - Rescue aid in favour of Probanka
Decision not to raise objections
IP/13/822
6 September 2013
SA.33229 – Restructuring of Nova Ljubljanska Banka (NLB) **
Final decision
IP/13/1276
18 December 2013
SA.35709 - Restructuring Plan of NKBM **
Decision not to raise objections
IP/13/1276
18 December 2013
SA.37690 - Rescue of Abanka ** Decision not to raise objections
IP/13/1276
18 December 2013
SA.37643 - Orderly winding down of Factor Banka
Decision not to raise objections
IP/13/1276
18 December 2013
SA.37642 - Orderly winding down of Probanka
Decision not to raise objections
IP/13/1276
18 December 2013
SA.38228 - Restructuring of Abanka Vipa Group **
Decision not to raise objections
IP/14/926
13 August 2014
33
SA.38522 - Aid to Banka Celje based on the restructuring plan of Banka Celje and its merger with Abanka **
Decision not to raise objections
IP/14/2700
16 December 2014
SA.33229 (2017/N-2) – Amendment of the Restructuring decision of Nova Ljubljanska Banka (NLB)
11 May 2017
Spain
NN54a/2008 - Fund for the Acquisition of Financial Assets in Spain
Decision not to raise objections
IP/08/1630
4 November 2008
Modification Decision not to raise objections
8 April 2009
N337/2009 - Prolongation EXME/09/0807 7 August 2009
NN54b/2008 - Spanish guarantee scheme for credit institutions
Decision not to raise objections
IP/08/2049
22 December 2008
Prolongation EXME/09 / 0625 25 June 2009
N588/2009 - Second prolongation EXME/09/1201 1 December 2009
N263/2010 - Extension IP/10/854 28 June 2010
SA.32921 – Prolongation EXME 10/29.11 29 November 2010
SA.32990 – Prolongation IP/11/673 1 June 2011
SA 34224 - Prolongation EXME 12/09.02 9 February 2012
SA 34904 - Extension EXME/12/29.06 29 June 2012
SA.36020 - Prolongation EXME/13/06.02 6 February 2013
N28/2010 – Spanish recapitalisation scheme for credit institutions (Fondo de Reestructuración Ordenada Bancaria" (FROB))
Decision not to raise objections
IP/10/70
28 January 2010
N317/2010 – Prolongation IP/10/997 23 July 2010
SA.35069 - New recapitalisation Scheme for credit institutions
Decision not to raise objections
IP/12/849
25 July 2012
34
NN61/2009 - Restructuring aid for Caja Castilla La Mancha *
Decision not to raise objections
IP/10/855
29 June 2010
N 392/2010 – Restructuring aid for Spanish saving bank Caja Sur *
Decision not to raise objections
IP/10/1479
8 November 2010
SA.33402 – Capital injection for Caja de Ahorros de Mediterraneo (CAM)
Decision not to raise objections
EXME 11/25.07
24 July 2011
SA.33096 – Temporary approval of rescue aid for NCG Banco
Decision not to raise objections
IP/11/1143
30 September 2011
SA.33095 – Temporary approval of rescue aid for Unnim Banc
Decision not to raise objections
IP/11/1143
30 September 2011
SA.33103 – Temporary approval of rescue aid for Catalunya Banc
Decision not to raise objections
IP/11/1143
30 September 2011
SA.33917 – Temporary approval of the recapitalisation and liquidity support for Banco de Valencia
Decision not to raise objections
IP/11/1388
21 November 2011
SA.34255 - Restructuring of CAM * Decision not to raise objections
IP/12/517
30 May 2012
SA.34820 - Rescue aid to BFA/Bankia Decision not to raise objections
IP/12/699
27 June 2012
SA.33733 - Adjudicación UNNIM Banc a favor de BBVA por el FROB. Continuación de SA 33095 (2011/N) - Spain Recapitalisation of UNNIM Banc *
Decision not to raise objections
IP/12/839
25 July 2012
SA.35369 - Urgent recapitalisation of BFA Group
Decision not to raise objections
7 September 2012
SA.33735 - Restructuring of CatalunyaCaixa **
Decision not to raise objections
IP/12/1277
28 November 2012
SA.35253 - Restructuring of BFA/Bankia **
Decision not to raise objections
IP/12/1277
28 November 2012
35
SA.33734 - Restructuring of NovaCaixaGalicia **
Decision not to raise objections
IP/12/1277
28 November 2012
SA.34053 - Restructuring of Banco de Valencia **
Decision not to raise objections
IP/12/1277
28 November 2012
SA.34536 - Restructuring of CEISS ** IP/12/1432 20 December 2012
SA.35488 - Restructuring of Banco Mare Notrum - **
IP/12/1432 20 December 2012
SA.35489 - Restructuring of Caja3 ** IP/12/1432 20 December 2012
SA.35490 - Restructuring of Liberbank ** IP/12/1432 20 December 2012
SA.36249 - Restructuring of CEISS through integration with Unicaja **
Decision not to raise objections
13 May 2013
SA.36500 Restructuring of Banco Gallego **
Decision not to raise objections
IP/13/745
25 July 2013
SA.36249 – Banco CEISS – Amendment decision
25 July 2013
SA.36663 - Restructuring of SGR EXME/14/13.02 13 February 2014
SA.36249 - Amendment of the Restructuring of CEISS through integration with Unicaja Banco
IP/14/262 12 March 2014
SA.33734 - Revised restructuring plan for NCG following sale to Banesco Group **
IP/14/704 20 June 2014
SA.39402 - Catalunya Banc's revised restructuring plan following its sale to BBVA
IP/14/2741 17 December 2014
SA.47174 - Amendment to the Restructuring plan of Banco CEISS
Decision not to raise objections
27 January 2017
Sweden
N533/2008 - Support measures for the banking industry in Sweden (guarantees)
Decision not to raise objections
IP/08/1600
29 October 2008
N26/2009 - Amendment to the decision IP/09/186 28 January 2009
N154/2009 - Amendment and prolongation
IP/09/652 28 April 2009
N544/2009 – Prolongation EXME/09/1026 26 October 2009
36
N 127/2010 – Second Prolongation EXME/10/0422 22 April 2010
N 207/2010 - Extension of Swedish guarantee scheme
EXME/10/0615 15 June 2010
SA.31949 – Prolongation EXME 10/01.12 1 December 2010
NN64/2008 - Emergency rescue measures regarding Carnegie Investment Bank
Decision not to raise objections
IP/08/1977
15 December 2008
N69/2009 - Recapitalisation scheme Decision not to raise objections
IP/09/241
11 February 2009
N436/2009 - Prolongation EXME/09 / 0805 5 August 2009
NN 18/2010 – Clearance of restructuring aid for Carnegie Investment Bank
Decision not to raise objections
IP/10/558
12 May 2010
United Kingdom
NN41/2008 - Rescue aid to Bradford and Bingley
Decision not to raise objections
IP/08/1437
1st October 2008
N507/2008 - Aid scheme to the banking industry in the UK (guarantees, recapitalisation & other)
Decision not to raise objections
IP/08/1496
13 October 2008
N650/2008 - Amendment to the Decision 23 December 2008
N193/2009 - Prolongation IP/09/586 15 April 2009
N537/2009 – Prolongation EXME/10/13 13 October 2009
N677/2009 - Prolongation EXME/09/1217 17 December 2009
N111/2009 - Working capital guarantee scheme *
Decision not to raise objections
IP/09/471
24 March 2009
UK Asset backed Securities guarantee scheme
Decision not to raise objections
IP/09/613
21 April 2009
Prolongation EXME/09/1027 27 October 2009
37
C14/2008 - Restructuring package for Northern Rock **
Final conditional decision after formal investigation procedure
IP/09/1600
28 October 2009
N428/2009 - Restructuring plan of Lloyds Banking Group
Decision not to raise objections
IP/09/1728
18 November 2009
N422/2009 and N621/2009 - Royal Bank of Scotland, impaired asset relief measure and restructuring plan **
Decision not to raise objections
IP/09/1915
14 December 2009
N194/2009 – Liquidation aid to Bradford & Bingley
Decision not to raise objections
IP/10/47
25 January 2010
NN19/2009 – Restructuring of Dunfermline Building Society **
Decision not to raise objections
IP/10/48
25 January 2010
SA.34218 - UK Credit Easing Schemes EXME/12/14.03 14 March 2012
SA.34908 - Extension EXME/12/26.06 26 June 2012
SA.35755 - Prolongation EXME/12/14.12 14 December 2012
SA.38304 - Amendments to restructuring plan of Royal Bank of Scotland
IR/14/410 9 April 2014
SA.29834 - Amendment of the restructuring plan of Lloyds
IP/14/554 13 May 2014
SA.29731 and SA.30326 – Amendment of commitments Northern Rock and Bradford & Bingley
22 September 2014
SA.47702 - Alternative package to replace the commitment for the Royal Bank of Scotland to divest the Rainbow business - Opening Decision
IP-17-863 04 April 2017
SA.47702 - Alternative package to replace the commitment for the Royal Bank of Scotland to divest the Rainbow business – Final Decision
IP/17/3307 18 September 2017
