# Commission Decision (EU) 2015/657 of 5 February 2013 on State aid granted by Germany and Austria to Bayerische Landesbank (Case SA.28487 (C 16/09, ex N 254/09)) (notified under document C(2013) 507) (Only the German text is authentic) (Text with EEA relevance), Article 2

Extent: E+W+S+N.I.

1. The following measures constitute State aid within the meaning of Article 107(1) TFEU:
(a) the recapitalisation of Bayerische Landesbank by the Land of Bavaria, in the amount of EUR 10 billion;
(b) the second-loss guarantee in the form of a risk shield granted to Bayerische Landesbank by the Land of Bavaria, in the amount of EUR 4,8 billion;
(c) the liability guarantees granted to Bayerische Landesbank by Germany, in the amount of EUR 15 billion;
(d) the funding guarantee granted to Bayerische Landesbank by Austria, in the amount of EUR 2,638 billion; and
(e) the transfer of EUR 1 billion in capital in Bayerische Landesbodenkreditanstalt from the Land of Bavaria to Bayerische Landesbank.
2. The State aid referred to in paragraph 1 is compatible with the internal market, in the light of the commitments set out in Annex I and Annex III and subject to the conditions set out in Annex II.

---
Source: https://www.legislation.gov.uk/eudn/2015/657/article/2 (the official version)
Page: https://openlegislation.uk/eu-decision-2015-657/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

