State Aid: Commission Approves Abanka’s Restructuring Plan
Targeted News Service |
Commission Vice President in charge of competition policy
In
According to the restructuring plan and the commitments proposed by
The Commission therefore concluded that the restructuring support in favor of Abanka is in line with EU rules on state aid for the restructuring of banks during the crisis, in particular the requirements of the 2013 "Banking Communication" (see IP/13/672 and MEMO/13/886).
Background
Abanka is the third largest universal bank in
On
The non-confidential version of the decision will be made available under case number SA.38228 in the
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State Aid: Commission Approves Abanka’s Restructuring Plan
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