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Official Journal |
EN C series |
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C/2025/5096 |
16.9.2025 |
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.116351
(Text with EEA relevance)
(C/2025/5096)
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Date of adoption of the decision |
25.7.2025 |
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Aid number |
SA.116351 |
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Member State |
Latvia |
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Region |
Latvia |
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Title (title and/or name of the beneficiary) |
Amendment of the remit of Altum to enable the provision of mortgage loans to natural persons for home purchases in certain Latvian regions |
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Legal basis |
Regulations of the Cabinet of Ministers |
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Type of measure |
Ad Hoc Case |
JSC Development Finance Institution ALTUM |
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Objective |
Social support to individual consumers |
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Form of aid |
Direct grant |
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Budget |
Overall budget: 3 500 000 EUR |
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Intensity |
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Duration |
25.7.2025 - 31.12.2029 |
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Economic sectors |
Other financial service activities, except insurance and pension funding |
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Name and address of the granting authority |
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Other information |
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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/2025/5096/oj
ISSN 1977-091X (electronic edition)