Global Trade Alert
Global Trade Alert

France: State guarantee to PSA Group

Announcement

07 Jan 2013

In January 2013, the government of France announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

24 Oct 2012

Revocation date:

No revocation date

Loan guarantee In force

On 7 January 2013, France informed the EU about an ongoing aid scheme to rescue 'Banque PSA Finance' (PSA bank). PSA bank is a 100 per cent subsidiary of the PSA Group and is specialised in the fin...

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