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Denmark: State aid in the merger of Vestjysk Bank and Aarhus Lokalbank

Description

On 28 February 2012 Denmark informed the European Commission about a planned merger of two Danish banks, Vestjysk Bank A/S and Aarhus Lokalbank A/S due to the increased risk of becoming distressed ban...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Apr 2013

Revocation date

23 Dec 2016

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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