Global Trade Alert
Global Trade Alert

Germany: State guarantees to bank “Deutsche Industriekreditbank AG” (IKB)

Announcement

06 Jul 2009

In July 2009, the government of Germany 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

Implementation date

22 Dec 2008

Revocation date:

21 Dec 2013

Updated: 06 Jul 2009
Loan guarantee

On 6 July 2009, Germany notified the EC about its intention to provide liquidity guarantees up to EUR 7 billion to 'Deutsche Industriekreditbank AG' (IKB).
 
In the initial decision ...

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