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Denmark: Rescue aid for Max Bank

Description

On 30 September 2011, Denmark informed the EC about its intention to support Max bank. Max bank is a 'small-sized' bank with a balance sheet of EUR 1.2 billion (2011). The bank is mainly active with...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Oct 2011

Revocation date

06 Apr 2012

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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