State aid to banks
Einde inhoudsopgave
State aid to banks (IVOR nr. 109) 2018/11.10.2:11.10.2 Has the Commission consistently taken into account these four characteristics?
State aid to banks (IVOR nr. 109) 2018/11.10.2
11.10.2 Has the Commission consistently taken into account these four characteristics?
Documentgegevens:
mr. drs. R.E. van Lambalgen, datum 01-12-2017
- Datum
01-12-2017
- Auteur
mr. drs. R.E. van Lambalgen
- JCDI
JCDI:ADS591803:1
- Vakgebied(en)
Financieel recht / Europees financieel recht
Mededingingsrecht / EU-mededingingsrecht
Deze functie is alleen te gebruiken als je bent ingelogd.
The acquiring bank should be viable and capable of absorbing the ailing bank. This is a central requirement which should be met in every case in the T-context and S/T/W-context. The characteristics of the case are used by the Commission to substantiate the conclusion that this central requirement is met. The previous subsection introduced four relevant characteristics in that regard. These characteristics do not necessarily have to be present in every case. For instance, in the decision on Cajatres (which was taken over by Ibercaja), there was no mention of a track record or experience in integrating companies. Nevertheless, the Commission concluded that Ibercaja (which acquired Cajatres) satisfied the requirement of point 17 of the Restructuring Communication. This illustrates that the acquiring bank does not have to score positive on all aspects; it suffices that some of the four relevant characteristics are present.