The EU Commission endorses State aid measures in favor of a Belgian bank (KBC)

Van de Casteele, Koen

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18 Nov 2009

The EU Commission endorses State aid measures in favor of a Belgian bank (KBC)

KEYWORDS

Reference

EU Commission, KBC, Case C18/2009, 18 November 2009

"State aid: main developments between 1 September and 31 December 2009"* KBC has benefited from three aid measures: – a recapitalisation of € 3.5 billion; – a second recapitalisation of another € 3.5 billion; and – an asset relief measure on a portfolio containing collateralised debt obligations (CDOs). The Commission temporarily approved the

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Author

Koen Van de Casteele
European Commission - DG COMP (Brussels)

Belgium 98 contributions 34104 visits

Quotation

Koen Van de Casteele, The EU Commission endorses State aid measures in favor of a Belgian bank (KBC), 18 November 2009, e-Competitions State intervention, Art. N° 37534

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