Information on implementation process of ERDF activity 2.2.1.
This presentation is the property of its rightful owner.
Sponsored Links
1 / 6

LGA PowerPoint PPT Presentation


  • 150 Views
  • Uploaded on
  • Presentation posted in: General

Information on implementation process of ERDF activity 2.2.1. 3 . “ Guarantees for development of enterprise competitiveness” ( Implementor - Latvia n Guarantee agency ). LGA. 2 state aid pogramms designed: Competativeness (credit) guarantees Short-term export credit guarantees

Download Presentation

LGA

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Lga

Information on implementation process of ERDF activity 2.2.1.3.“Guarantees for development of enterprise competitiveness”(Implementor- Latvian Guaranteeagency)


Lga

LGA

  • 2 state aid pogramms designed:

    • Competativeness (credit) guarantees

    • Short-term export credit guarantees

  • Budget of the activity – 60,5 MLVL

  • Statutory capital – 79 MLVL:

    • 11,5 MLVL – ERDF 2005-2008 guarantee programme

    • 7 MLVL – ERDF 2005-2008 venture capital programme

    • 60,5 MLVL – ERDF 2007-2013credit and short-term export credit guarantee programme


Erdf 2007 2013

ERDF 2007-2013

  • Competitiveness (credit) guarantees:

  • OpenedsinceApril 20, 2009

  • Focusonmanufacturingsector

  • Max amount 3 MEUR, max risk 80%

  • PortfolioasofMarch 1st, 2010:

    • 337guaranteesfor112companiesfortotalamount - 39,7 MLVL

    • Provisionforlosses 0,88 MLVL

    • Only one compensation claim has been submitted to Latvian Guarantee Agency (LGA) for amount of 67 727 EUR – guarantee was issued for loan for current assets


Credit guarantees

Credit guarantees


Erdf 2007 2013 new deal vs guarantees for existing financial obligations

ERDF 2007-2013New deal vs Guarantees for existing financial obligations


Erdf 2007 20131

ERDF 2007-2013

  • Short-termexportcreditguarantees:

  • OpenedsinceJuly 1st, 2009

  • Max amount1 MEUR, max risk 90%

  • Provided to countries that are not members of the European Union or members of the following countries of OECD – Australia, Canada, Iceland, Japan, New Zealand, Norway, Switzerland and the United States of America

  • PortfolioasofMarch 1st, 2010 :

    • 20 agreementssignedfortotalamount -1,35 MLVL

    • Countries: Russia, Belarus, Azerbaijan, Kazakhstan, Georgia


  • Login