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Document 52024AS113879

    Authorisation for State aid pursuant to Articles 107 and 108 of the Treaty on the Functioning of the European Union – Cases where the Commission raises no objections – SA.113879

    C/2024/3693

    OJ C, C/2024/4345, 5.7.2024, ELI: http://data.europa.eu/eli/C/2024/4345/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

    ELI: http://data.europa.eu/eli/C/2024/4345/oj

    European flag

    Official Journal
    of the European Union

    EN

    C series


    C/2024/4345

    5.7.2024

    Authorisation for State aid pursuant to Articles 107 and 108 of the Treaty on the Functioning of the European Union

    Cases where the Commission raises no objections

    SA.113879

    (Text with EEA relevance)

    (C/2024/4345)

    Date of adoption of the decision

    7.6.2024

    Aid number

    SA.113879

    Member State

    Ireland

    Region

     

    Title (title and/or name of the beneficiary)

    20th Prolongation of the Credit Union Resolution Scheme under the Central Bank and Credit Institutions (Resolution) Act 2011

    Legal basis

    Central Bank and Credit Institutions (Resolution) Act 2011

    Type of measure

    Scheme

     

    Objective

    Remedy for a serious disturbance in the economy

    Form of aid

    Equity instruments

    Budget

    Overall budget: 500 000 000 EUR

    Intensity

     

    Duration

    7.6.2024 - 31.5.2025

    Economic sectors

    Financial service activities, except insurance and pension funding

    Name and address of the granting authority

    The Minister for Finance

    Department of Finance, First Floor, Block 1, Miesian Plaza 50 – 58 Lower Baggot Street, Dublin 2, Ireland

    Other information

     

    The authentic text(s) of the decision, from which all confidential information has been removed, can be found at:

    https://competition-cases.ec.europa.eu/search?caseInstrument=SA


    ELI: http://data.europa.eu/eli/C/2024/4345/oj

    ISSN 1977-091X (electronic edition)


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