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Germany: EIB and LBBW signed asset-backed security programme to support SMEs and mid-caps (COVID-19)

Description

On 10 December 2020, the European Investment Bank (EIB) signed a EUR 95 million (approx. USD 115.4 million) asset-backed security (ABS) purchase programme with Landesbank Baden-Württemberg (LBBW), ori...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Dec 2020

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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