Global Trade Alert
Global Trade Alert

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

Announcement

10 Dec 2020

In December 2020, the European Investment Bank (EIB) and LBBW signed a EUR 95 million (approx. USD 115.4 million) asset-backed security programme for SMEs and mid-caps affected by the COVID-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Dec 2020

Revocation date:

No revocation date

Updated: 10 Dec 2020
Loan guarantee In force

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-W&uum...

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