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Division 4.2.7.2

United Kingdom

Original text. Later amendments are not shown.

CGD commits to cease all activities in the Spanish operation that are not directly related to the core activities of the operation (retail bankingf1, support to SMEs and to cross-border business). In particular CGD commits:

  1. 4.2.7.2.1.

    to stop new production in Project Finance operations;

  2. 4.2.7.2.2.

    to stop new production in Leverage Finance operations;

  3. 4.2.7.2.3.

    to stop new production in Acquisition Finance operations.

Annotations

Footnotes

f1

In traditional areas (Galicia, Extremadura, Castilla y León and Asturias) and in large urban cities and main cross border trade centers (Madrid, Barcelona, País Vasco, Andalucía, Aragón and Valencia).