EUROPEAN COMMISSION

MEMO

Brussels, 20 December 2012

State aid: Overview of decisions and on-going in-depth investigations in the context of the financial crisis

In 2008/2009, the Commission adopted a temporary state aid framework to enable Member States to deal with financial problems in systemic banks, as well as support access to finance for real economy firms. The crisis rules for banks, which were tightened in July and December 2010, were extended on 1 December 2011. The Temporary Framework for state aid measures to support access to finance in the current financial and economic crisis expired in December 2011. Situation as of 20 December 2012

MEMO/12/1018

Communications from the Commission to provide guidance to Member States Communication from the Commission — The application of State aid rules to measures taken in relation to financial institutions in the context of the current global financial crisis, 13 October 2008 (see IP/08/1495) Communication from the Commission — The recapitalisation of financial institutions in the current financial crisis: limitation of aid to the minimum necessary and safeguards against undue distortions of competition, 5 December 2008 (see IP/08/1901) Communication from the Commission on the Treatment of Impaired Assets in the Community Banking Sector, 25 February 2009 (see IP/09/322) Communication from the Commission - Temporary framework for State aid measures to support access to finance in the current financial and economic crisis, adopted on 17 December 2008 (see IP/08/1993), as amended on 25 February 2009. Communication from the Commission - The return to viability and the assessment of restructuring measures in the financial sector in the current crisis under the State aid rules, 23 July 2009 (see IP/09/1180) Communication from the Commission – on the application, from 1 January 2011, of State aid rules to support measures in favour of banks in the context of the financial crisis (see IP/10/1636) Communication from the Commission - on the application, from 1 January 2012, of State aid rules to support measures in favour of banks in the context of the financial crisis (see IP/11/1488) State aid cases - situation as of 20 December 2012 Decisions adopted by the Commission during the period 2008 to 20121 Austria Type of measure / Beneficiary Type of Decision Date of adoption

N557/2008 - Aid scheme for the Austrian Decision not to raise 09 December financial sector (guarantees, objections 2008 recapitalisation & other) IP/08/1933 N352/2009 - Prolongation EXME/09/0630 30 June 2009 N663/2009 - Second prolongation EXME/09/1217 17 December 2009 N241/2010 - Extension IP/10/839 25 June 2010 SA.32018 – Extension EXME 10/16.12 16 December 2010

N214/2008 - Recapitalisation of Hypo Tirol Decision not to raise 17 June 2009 objections IP/09/928

1 As a general rule, aid schemes are reviewable six months after approval. Some individual decisions are subject to a review and possible restructuring plan.

2

N 640/2009 - BAWAG – temporary Decision not to raise 22 December approval of capital injection and asset objections 2009 guarantee IP/09/1989 N 261/2010 - Restructuring of BAWAG Decision not to raise 30 June 2010 objections IP/10/865 C 16/2009 + N698/2009 – Emergency aid Decision not to raise 23 December to Hypo Group Alpe Adria objections 2009 IP/09/1998 SA.32745 - Restructuring of Decision not to raise 31 March 2011 Kommunalkredit objections IP/11/389 SA.32172 and SA.32554 – Temporary Decision not to raise 24 May 2011 approval of aid for Hypo Group Alpe Adria objections [decision replaced – see below] IP/11/636 SA.32172 and SA.32554 – Replacement Decision not to raise 19 July 2011 decision: Temporary approval of aid for objections Hypo Group Alpe Adria SA.31883 – Restructuring of Decision to open an in- 9 December Österreichische Volksbanken AG depth procedure 2011 IP/11/1522 SA.31189 – BAWAG Amendment Decision Decision not to raise 19 December objections 2011 SA.31883 – Restructuring of Final decision 19 September Österreichische Volksbanken AG 2012 IP/12/982 SA.34716 - Recapitalisation of Hypo Tirol Decision not to raise 4 October 2012 objections IP/12/1067 SA.32554 - Temporary approval of an Decision not to raise 5 December emergency recapitalisation in favour of objections 2012 Hypo Group Alpe Adria IP/12/1315 Belgium Belgium/Luxembourg NN45-49-50/2008 – Guarantee on Decision not to raise 19 November liabilities of Dexia objections 2008 IP/08/1745 Prolongation IP/09/1662 30 October 2009 Belgium/France/Luxembourg C9/2009 – Guarantee in favour of Dexia Decision not to raise 13 March 2009 on certain assets in FSA objections

3

IP/09/399 C9/2009 – Approval of restructuring plan Final conditional decision 26 February for Dexia after formal investigation 2010 procedure IP/10/201 SA.33760, SA.33763, SA.33764 – Opening decision 21 December Temporary approval of guarantees on the 2011 IP/11/1592 refinancing of Dexia and DCL and opening of in-depth investigation SA.33760, SA.33763, SA.33764 (2011/C) IP/12/523 31 May 2012 - Dexia – prolongation of guarantees and extension of the in depth investigation SA.34925 - Dexia – Increase of guarantee IP/12/578 6 June 2012 ceiling SA.34925-SA.34927- SA.34928 (2012/C) MEX/12/0926 26 September - Dexia – prolongation of guarantees 2012 Belgium/Luxembourg/Netherlands N574/2008 – Measures in favour of Fortis Decision not to raise 19 November objections 2008 IP/08/1746 NN42-46-53A/2008 – Restructuring aid to Decision not to raise 03 December Fortis Bank and Fortis Bank Luxembourg objections 2008 IP/08/1884 Belgium/Luxembourg N255/2009 and N274/2009 – Additional Decision not to raise 12 May 2009 aid measures in favour of Fortis Bank and objections Fortis Bank Luxembourg IP/09/743 Belgium N602/2008 – Recapitalisation measure in Decision not to raise 18 December favour of KBC objections 2008 IP/08/2033 NN57/2008 – Capital Injection for Ethias Decision not to raise 12 February Group objections 2009 IP/09/254 C18/2009 – Recapitalisation and asset Decision not to raise 30 June 2009 relief for KBC Group objections IP/09/1063 C18/2009 – Asset relief and restructuring Final conditional decision 18 November package for KBC after formal investigation 2009 procedure IP/09/1730 N 256/2009 – Restructuring aid for Ethias Decision not to raise 20 May 2010

4

objections IP/10/592 SA.29833 – Monitoring of KBC: extension – 16 December of the target date of certain divestments 2010 by KBC SA.29833 – Monitoring of KBC: 27 July 2011 Amendment of certain measures in the Restructuring Plan SA.30962 – Monitoring of Ethias 12 September 2011 SA.33751 – Temporary approval of rescue IP/11/1203 17 October 2011 aid for Dexia Bank Belgium and opens in depth investigation SA.29833 – Monitoring of KBC: extension - 22 December of the target date of certain divestments 2011 by KBC and amendment of restructuring commitments Cyprus N511/2009 - Cypriot scheme to support Decision not to raise 22 October 2009 credit institutions (guarantee) objections IP/09/1569 SA.34827 - Rescue recapitalisation of Decision not to raise 13 September Cyprus Popular Bank (ex-Marfin) objections 2012 IP/12/958 SA.35499 - State guarantee scheme for Decision not to raise 6 November Cypriot banks objections 2012 IP/12/1171 Denmark NN36/2008 - Rescue aid to Decision not to raise 31 July 2008 objections (IP/08/1222) Roskilde Bank NN39/2008 - Liquidation aid Decision not to raise 5 November objections IP/08/1633 2008 Roskilde bank SA.31867 – Amendments to liquidation Decision not to raise 24 May 2011 aid for Roskilde bank objections EXME 11 / 24.05 NN51/2008 - Guarantee scheme for banks Decision not to raise 10 October 2008 in Denmark objections IP/08/1483 N31a/2009 – Amendment of the IP/09/206 17 August 2009 guarantee scheme N20/2010 - Second prolongation EXME/10/0201 01 February 2010

5

N257/2010 - Extension IP/10/854 28 June 2010 SA.35741 - Prolongation EXME/12/14.12 14 December 2012 N31a/2009 - Recapitalisation scheme (and Decision not to raise 3 February 2009 amendment of the guarantee scheme) objections IP/09/206 NN46/2009 - Prolongation EXME/09 /0817 17 August 2009 N628/2009 – Second prolongation EXME/09/1217 17 December 2009 NN23/2009 - Rescue aid for Fionia Bank Decision not to raise 20 May 2009 objections IP/09/819 N407/2010 – Danish fund for winding up Decision not to raise 30 September of banks objections 2010 IP/10/1266 SA.31938 (N537/2010) - Prolongation EXME/10/07.12 07 December 2010 SA.33001 – Prolongation EXME/11/28.06 28 June 2011 SA.33001 - Amendment of winding-up Decision not to raise 1 August 2011 scheme for credit institutions in Denmark objections EXME/11/01.08 SA. 33757 – Extension of the winding-up Decision not to raise 9 December scheme for credit institutions in Denmark objections 2011 IP/11/1523 SA.34943 – Prolongation of the winding- EXME/12/26.06 26 June 2012 up scheme and extension of the guarantee scheme for merging banks N560/2009 – Aid for the liquidation of Decision not to raise 25 October 2010 Fionia Bank objections IP/10/1374 SA.32634 - Temporary approval of rescue Decision not to raise 06 June 2011 aid for Amagerbanken objections IP/11/676 SA 33485 - Restructuring plan of EXME/12/01.25 25 January 2012 Amagerbanken SA.31945- Liquidation aid for Eik Banken Decision not to raise 06 June 2011 objections IP/11/677 SA.33117 - Aid for the liquidation of Fionia - 18 July 2011 Bank - revised commitments

6

SA.33639 – Temporary approval of rescue IP/11/1172 10 October 2011 aid for Max Bank SA.34227– Guarantees for merging banks EXME/12/02.17 17 February 2012 SA.34423 Support for the merger of Decision not to raise 25 April 2012 Vestjysk Bank and Aarhus Lokalbank objections EXME/12/04.25 SA.34445 (2012/N) - The transfer of IP/12/723 29 June 2012 property-related assets from FIH to the FSC Finland N567/2008 - Finnish guarantee scheme Decision not to raise 13 November objections 2008 IP/08/1705 N44/2009 - Amendment to the guarantee 5 February 2009 scheme N239/2009 - Prolongation and IP/09/681 30 April 2009 modification EXME/09/0430 N674/2009 – Second prolongation and 17 December modification 2009 EXME/09/1217

NN2/2009 - Guarantee for Kaupthing Decision not to raise 21 January 2009 Bank Finland objections IP/09/82 N329/2009 - Capital injection scheme Decision not to raise 11 September objections 2009 IP/09/1303 N110/2010 – Prolongation EXME/10/0414 14 April 2010 France N548/2008 - Financial support measures Decision not to raise 30 October 2008 to the banking industry in France objections IP/08/1609 (Refinancing) N251/2009 - Extension of the scheme IP/09/750 12 May 2009

N613/2008 - Financial support measures Decision not to raise 08 December to the banking industry in France objections 2008 (Recapitalisation) IP/08/1900 N29/2009 - Amendment to the Decision IP/09/158 28 January 2009 N164/2009 - Amendment to the Decision IP/09/461 23 March 2009

7

N249/2009 - Capital injection for Caisse Decision not to raise 8 May 2009 d'Epargne and Banque Populaire objections IP/09/722 Germany C9/2008 - Restructuring aid to Sachsen Conditional decision (after 4 June 2008 LB formal investigation procedure IP/08/849 C10/2008 - Restructuring aid Conditional decision (after 21 October 2008 formal investigation to IKB procedure) IP/08/1557 NN44/2008 - Rescue aid to Hypo Real Decision not to raise 2 October 2008 Estate Holding objections IP/08/1453 N512/2008 - Aid scheme for financial Decision not to raise 27 October 2008 institutions in Germany (guarantees, objections IP/08/1589 recapitalisations & other) N625/2008 - Amendment to the Decision 12 December 2008 N330/2009 – Prolongation EXME09/22.06 22 June 2009 N665/2009 – Second prolongation EXME/09/1217 17 December 2009 N222/2010 – Extension IP/10/789 23 June 2010 SA.34345 – Reactivation EXME/12/05.03 5 March 2012 SA.34897 - Prolongation EXME/12/29.06 29 June 2012 SA.35748 - Prolongation EXME/12/07.12 7 December 2012

N615/2008 - Guarantee and Decision not to raise 18 December recapitalisation for Bayern LB objections 2008 IP/08/2034 N655/2008 - Guarantee for NordLB Decision not to raise 22 December objections 2008 IP/08/2056 N412/2009 - Prolongation EXME/09/0910 10 September 2009

N639/2008 - Guarantee for IKB Decision not to raise 22 December objections 2008 IP/08/2055

8

N17/2009 - Guarantee for SdB – Decision not to raise 22 January 2009 Sicherungseinrichtungsgesellschaft objections deutscher Banken mbH IP/09/114 N244/2009 - Commerzbank capital Decision not to raise 7 May 2009 injection objections IP/09/711 SA 34539 (2012/N) – Amendment of EXME/12/03.30 30 March 2012 restructuring plan of Commerzbank C43/2008 - Aid for the restructuring of Conditional decision (after 12 May 2009 West LB formal investigation procedure) IP/09/741 N531/2009 - Temporary additional aid to Decision not to raise 7 October 2009 West LB objections IP/09/1434 N264/2009 - Recapitalisation of HSH Decision not to raise 29 May 2009 Nordbank objections IP/09/854 C17/2009 - Recapitalisation and asset Decision not to raise 30 June 2009 relief for LBBW (Landesbank Baden objections Württemberg) IP/09/1058 N314/2009 - German asset relief scheme Decision not to raise 31 July 2009 objections IP/09/1216 N400/2009 - Additional aid (guarantees) Decision not to raise 17 August 2009 for IKB objections IP/09/1235 N 456 /2009 - Scheme to facilitate the Decision not to raise 15 September refinancing of export credits objections 2009 IP/09/1319 N 48/2010 - Prolongation EXME/10/0309 9 March 2010

C17/2009 - Landesbank Baden Conditional decision (after 15 December Württemberg "LBBW" - restructuring plan formal investigation 2009 and impaired assets relief measure procedure IP/09/1927 N694/2009 – State guarantees for Hypo Decision not to raise 21 December Real Estate objections 2009 IP/09/1985

9

N555/2009 – Rescue aid for WestLB; in- Decision not to raise 22 December depth investigation into bad bank objections 2009 IP/09/1996 N161/2010 – Recapitalisation of Hypo Decision not to raise 19 May 2010 Real Estate objections

N380/2010 – Temporary authorisation of Decision not to raise 24 September additional State support (guarantees) for objections 2010 Hypo Real Estate and creation of a bad IP/10/1172 bank structure, and extension of the ongoing investigation procedure C15/2009 C32/2009 – Restructuring of savings bank Decision not to raise 29 September Sparkasse KölnBonn objections 2010 IP/10/1192 SA.29510 – WestLB divestments - 21 December 2010 MC 15/2009 - Landesbank Baden - 14 January 2011 Württemberg "LBBW" – Deka divestment SA.31646 - Monitoring of Sparkasse Köln- - 30 March 2011 Bonn - Prolongation of the deadline for certain divestments SA.28264 (C15/2009) – Restructuring aid Final decision 18 July 2011 for Hypo Real Estate IP/11/898 SA.29338 (C29/2009) – Restructuring of Final conditional decision 20 September HSH Nordbank 2011 IP/11/1047 SA.29590 (C40/2009) – Approval of split- Final decision 20 December up of WestLB 2011 IP/11/1576 SA.33571 – Temporary approval of the Decision not to raise 22 December recapitalisation of NordLB objections 2011 EXME/11/22.12 SA.34381 - Restructuring of NordLB Decision not to raise 25 July 2012 objections IP/12/838 SA.28487 - Restructuring aid to BayernLB Decision not to raise 25 July 2012 objections IP/12/847 Greece N560/2008 - Aid scheme to the banking Decision not to raise 19 November industry in Greece (guarantees, objections 2008 recapitalisation & other) IP/081742

10

Prolongation and modification EXME/09/0918 18 September 2009 N690/2009 – Prolongation EXME/10/0125 25 January 2010 N163/2010 - Amendment 12 May 2010 N260/2010 – Extension and amendment IP/10/864 30 June 2010 SA.31998 – Fourth extension - 21 December 2010 SA.32767 - Amendment EXME 11/04.04 4 April 2011 SA.33153 – Prolongation EXME 11/27.06 27 June 2011 SA 34149 – Prolongation EXME 12/06.02 6 February 2012 SA. 35002 - Prolongation 6 July 2012

N328/2010 – Scheme for the IP/10/1092 03 September recapitalisation of credit institutions in 2010 Greece under the financial Stability Fund (FSF) SA. 31999 – Prolongation EXME 10/14.12 14 December 2010 SA.33154 - Prolongation EXME 11/27.06 27 June 2011 SA 34148 - Prolongation EXME 12/06.02 6 February 2012

SA.31154 – Restructuring of Agricultural Decision not to raise 23 May 2011 Bank of Greece (ATE) objections IP/11/626 SA.34064 – Temporary approval of Decision not to raise 22 December second rescue recapitalisation of National objections 2011 Bank of Greece under the Greek EXME/11/22.12 recapitalisation scheme SA.34115 – Resolution of T bank IP/12/485 16 May 2012 SA.34488 - Restructuring aid to Proton IP/12/854 27 July 2012 bank through creation and capitalisation of Nea Proton SA.34823 HFSF Recapitalisation IP/12/860 27 July 2012 commitment to Alpha Bank SA.34824 HFSF Recapitalisation IP/12/860 27 July 2012 commitment to National Bank of Greece SA.34825 HFSF Recapitalisation IP/12/860 27 July 2012 commitment to EFG Eurobank SA.34826 HFSF Recapitalisation IP/12/860 27 July 2012 commitment to Piraeus Bank Hungary

11

N664/2008 - Financial support measures Decision not to raise 12 February to Hungarian financial industry in form of objections 2009 recapitalisation and guarantee scheme IP/09/253 N355/2009 - Prolongation and EXME09 /0903 3 September modification 2009 N662/2009 – Second prolongation EXME/09/1217 17 December 2009 N224/2010 – Third prolongation of IP/10/789 23 June 2010 Hungarian recapitalisation scheme SA.31928 (N536/2010) – Fourth EXME/10/07.12 07 December prolongation 2010 SA.32995 – Prolongation EXME/11/23.06 23 June 2011 SA 34077 - Extension EXME//08.03 8 March 2012 SA.35145 – Prolongation EXME/12/30.07 30 July 2012

N 358/2009 - Hungarian Mortgage Decision not to raise 13 July 2009 Support Scheme objections IP/09/1123 N603/2009 - Prolongation EXME 09/1124 24 November 2009 SA.31922 - Prolongation EXME 10/08.12 08 December 2010 SA. 32993 - Prolongation EXME 11/09.06 09 June 2011

NN68/2009 – Hungarian liquidity support Decision not to raise 14 January 2010 scheme objections IP/10/19 N225/2010 - Extension IP/10/854 28 June 2010 SA.31927 (N 535/2010) - Prolongation EXME/10/07.12 07 December 2010 SA.32994 – Prolongation EXME/11/23.06 23 June 2011 SA 34078 - Extension EXME/12/07.03 7 March 2012 SA.35144 – Prolongation EXME/12/30.07 30 July 2012

SA.29608 (C37/2010) - Recapitalisation of EXME/12/22.02 22 February FHB 2012

12

Ireland NN48/2008 - Guarantee scheme Decision not to raise 13 October 2008 for banks in Ireland objections IP/08/1497 N9/2009 - Recapitalisation of Anglo Irish Decision not to raise 14 January 2009 Bank objections IP/09/50 N356/2009 - Recapitalisation of Anglo Decision not to raise 26 June 2009 Irish Bank objections IP/09/1045 N61/2009 - Change of ownership of Anglo Decision not to raise 17 February Irish Bank objections 2009 IP/09/271 N149/2009 - Recapitalisation of Bank of Decision not to raise 26 March 2009 Ireland objections IP/09/483 N241/2009 - Recapitalisation of Allied Decision not to raise 12 May 2009 Irish Bank objections IP/09/744 N349/2009 - Revised Irish guarantee Decision not to raise 20 November scheme for financial institutions (Eligible objections 2009 Liabilities Guarantee scheme) IP/09/1787 N198/2010 - Prolongation EXME/10/0531 31 May 2010 N254/2010 - Extension IP/10/854 28 June 2010 N487/2010 – Extension (including Decision not to raise 10 November guarantees on short-term liabilities) objections 2010 EXME/10/10.11 SA.33006 – Prolongation (including Decision not to raise 01 June 2011 guarantees on short-term liabilities) objections IP/11/673 SA.33740 - Prolongation (including Decision not to raise 8 December guarantees on short-term liabilities) objections 2011 EXME/11/08.12 SA.34746 - Prolongation Decision not to raise 1 June 2012 objections SA.35744 - Extension Decision not to raise 12 December objections 2012 12/12.12 N725/2009 - Irish impaired asset relief Decision not to raise 26 February scheme (National Asset Management objections 2010 Agency (NAMA)) IP/10/198

13

NN11/2010 – Temporary approval of Decision not to raise 30 March 2010 Rescue measure in favour of INBS objections IP/10/400 NN12/2010 and C11/2010 – Temporary Decision not to raise 31 March 2010 approval of second recapitalisation of objections on Anglo Irish Bank and restructuring of recapitalisation, and Anglo Irish Bank opening of proceedings on restructuring

IP/10/400 N160/2010 – Temporary approval of Decision not to raise 2 June 2010 recapitalisation of EBS objections IP/10/658 N564/2009 - Approval of restructuring Decision not to raise 15 July 2010 plan of Bank of Ireland objections IP/10/954 N331/2010 – Approval of the transfer of Decision not to raise 3 August 2010 the first tranche of impaired assets under objections the Irish asset relief scheme NAMA EXME 10/03.08 NN35/2010 – Temporary approval of third Decision not to raise 10 August 2010 recapitalisation of Anglo Irish Bank objections IP/10/1046 N347/2010 – Guarantee scheme for Irish Decision not to raise 21 September Financial Institutions objections 2010 IP/10/1154 SA.31919 – Approval of the transfer of the Decision not to raise 29 November second tranche of impaired assets under objections 2010 the Irish asset relief scheme NAMA EXME 10/29.11 SA.31891 – Second recapitalisation of Decision not to raise 21 December Allied Irish Bank objections 2010 IP/10/1765 SA.32057 – Temporary approval of fourth Decision not to raise 21 December recapitalisation and certain guarantees in objections 2010 favour of Anglo Irish Bank IP/10/1765 SA.31714 – Second recapitalisation of Decision not to raise 21 December Irish Nationwide Building Society (INBS) objections 2010 IP/10/1765 SA.29907 and SA.32504 - Resolution of Final Decision 29 June 2011 Anglo Irish Banks and Irish Nationwide IP/11/801 Building Society SA.33216 – Second rescue recapitalisation Decision not to raise 11 July 2011 of Bank of Ireland objections

14

IP/11/854 SA.33144 – Temporary approval of rescue Decision not to raise 15 July 2011 aid for merged entity Allied Irish objections Banks/Educational Building Society IP/11/892 SA.33311 – Temporary approval of rescue Decision not to raise 20 July 2011 aid for Irish Life & Permanent Group objections Holdings IP/11/913 SA.33023 – Restructuring of Quinn Decision not to raise 12 October 2011 Insurance Limited objections IP/11/1187 SA.33443 – Second Restructuring Plan of Decision not to raise 20 December Bank of Ireland objections 2011 IP/11/1572 SA.33170 – Resolution scheme for credit Decision not to raise 20 December unions in Ireland objections 2011 IP/11/1574 SA.35209 - Prolongation Decision not to raise 3 September objections 2012 EXME/12/03.09 SA.35819 - Prolongation Decision not to raise 14 December objections 2012 EXME/14.12 Italy N520a/2008 - Guarantee scheme for Decision not to raise 14 November Italian banks objections IP/08/1706 2008 N328/2009 - Prolongation IP/09/929 16 June 2009 SA.34032 – Reintroduction of the Italian EXME/11/15.12 15 December Guarantee scheme 2011 SA.34344 - Amendment EXME/12/22.02 22 February 2012

N648/2008 - Recapitalisation scheme Decision not to raise 23 December objections 2008 IP/08/2059 N97/2009 - Amendment 20 February 2009 N466/2009 - Prolongation MEX/09/1006 6 October 2009 N425/2010 - Prolongation EXME/10/21.10 21 October 2010 SA.35137 - MPS recapitalisation IP/12/1383 17 December

15

2012 Latvia NN68/2008 - Public support measures to Decision not to raise 24 November Parex Banka objections 2008 IP/08/1766 NN3/2009 - Amendment to the Decision 11 February 2009 N189/2009 - Amendment to the Decision IP/09/732 11 May 2009

N638/2008 - Guarantee scheme for banks Decision not to raise 22 December objections 2008 IP/08/2054 N326/2009 – Prolongation EXME/09/0630 30 June 2009 N664/2009 – Second prolongation EXME/09/1217 17 December 2009 N223/2010 – Extension IP/10/839 24 June 2010

NN60/2009 - Capital injection for Decision not to raise 19 November Mortgage Bank of Latvia objections 2009 IP/09/1742 C26/2009 – Restructuring of Parex Banka Final positive decision 15 September 2010 IP/10/1127 SA.30704 – Temporary approval of Opening decision 26 January 2012 support to Latvian Mortgage and Land IP/12/77 Bank and opening of in-depth procedure into the measures for the bank's transformation SA.34747 - Amendments to Parex EXME/12/10.08 10 August 2012 restructuring plan Lithuania N200/2009 and N47/2010 – Support Decision not to raise 5 August 2010 Package for Lithuanian Financial objections Institutions (guarantees, recapitalisations IP/10/1032 and asset relief) SA.32188 – Extension EXME/11/21.1 21 January 2011 SA. 33135 - Prolongation EXME/11/27.06 27 June 2011 SA 34288 - Extension EXME/12/06.03 6 March 2012 SA.35129 - Prolongation EXME/12/27.07 27 July 2012 SA.34208 - Rescue of the Lithuania's MEX/12/0926 26 September Central Credit Unions 2012

16

Luxembourg N344/2009&N380/2009 - Restructuring Decision not to raise 9 July 2009 aid for Kaupthing Bank Luxembourg objections IP/09/1107 SA.34440 (2012/C) (ex 2012/N) – Sale of Opening decision 3 April 2012 Dexia SA.34440 (2012/C) (ex 2012/N) – Sale of Final no aid decision 25 July 2012 Dexia BIL IP/12/840 Netherlands N524/2008 - Guarantee scheme for Dutch Decision not to raise 30 October 2008 financial institutions objections IP/08/1610 N379/2009 - Prolongation and EXME/09/0707 7 July 2009 modification N669/2009 – Second prolongation EXME/09/1217 17 December 2009 N238/2010 - Extension IP/10/864 29 June 2010

N528/2008 - Measure in favour of ING Decision not to raise 13 November objections IP/08/1699 2008 N569/2008 - Measure in favour of Aegon Decision not to raise 27 November objections 2008 IP/08/1822 N611/2008 - SNS REAAL/New capital Decision not to raise 10 December injection by Dutch authorities objections 2008 IP/08/1951 C10/2009 - ING Illiquid asset facility Decision not to raise 31 March 2009 objections IP/09/514 C10/2009 - ING restructuring plan and Final positive decision 18 November illiquid asset back-up facility 2009 IP/09/1729 N371/2009 – Approval of recapitalisation Decision not to raise 28 January 2010 of SNS REAAL objections IP/10/82 N372/2009 – Approval of recapitalisation Decision not to raise 17 August 2010 of AEGON objections IP/10/1053 SA.29832 – ING call of hybrid instruments IP/10/1619 30 November 2010 SA.26674 – Restructuring of ABN Amro Final conditional decision 5 April 2011 Group

17

IP/11/406 SA.33303 – Additional commitments by Decision not to raise 19 December SNS - to ensure proper remuneration of a objections 2011 capital injection EXME/11/19.12 N 373/2009 (SA.28855) – ING approval of Decision not to raise 11 May 2012 2009 restructuring plan objections IP/12/468 SA.33305 and SA.29832 – Re-notification Opening decision 11 May 2012 of recapitalisation aid to ING IP/12/468 SA.33305 and SA.29832 – Amendment of Final decision 16 November the ING restructuring 2012 IP/12/1226 Poland N208/2009 - Polish support scheme for Decision not to raise 25 September financial institutions (guarantee and objections 2009 liquidity support) IP/09/1360 N 658/2009 - Prolongation EXME/10/0209 9 February 2010 N236/2010 – Second Extension IP/10/864 29 June 2010 SA.31923 – Third Prolongation EXME 10/16.12 16 December 2010 SA.33008 and 32946 – Prolongation EXME/11/28.6 28 June 2011 SA.34081 - Prolongation EXME/12/08.02 8 February 2012 SA.34811 - Prolongation EXME/12/09.07 9 July 2012

N302/2009 – Polish bank recapitalisation Decision not to raise 21 December scheme objections 2009 IP/09/1979 N 262/2010 - Prolongation 5 July 2010 SA.31924 – Second extension EXME 10/16.12 16 December 2010 SA.33007 – Prolongation EXME/11/28.6 28 June 2011 SA.34066 - Prolongation EXME/12/27.2 27 February 2012 SA.34812 – Prolongation EXME/12/29.06 29 June 2012 Portugal NN60/2008 - Guarantee scheme for credit Decision not to raise 29 October 2008 institutions in Portugal objections IP/08/1601 N51/2010 – Prolongation EXME/10/0222 22 February 2010

18

N 315/2010 - Extension IP/10/997 23 July 2010 SA.32158 – Third prolongation EXME/11/21.1 21 January 2011 SA.33178 – Fourth prolongation EXME/11/30.06 30 June 2011 SA.34034 - Amendment EXME/11/21.12 21 December 2011 SA.34958 - Prolongation EXME/12/27.06 27 June 2012 SA.35743 - Prolongation EXME/12/17.12 17 December 2012 N556/2008 - Bank recapitalisation scheme Decision not to raise 20 May 2009 objections IP/09/818 N 80/2010 – Prolongation EXME/10/0317 17 March 2010 N314/2010 – Second prolongation IP/10/997 23 July 2010 SA.32157 – Third extension EXME/11/21.1 21 January 2011 SA.33177 – Fourth prolongation EXME/11/30.06 30 June 2011 SA.34055 – Prolongation EXME/12/30.05 30 May 2012 SA.35747 - Prolongation EXME/12/17.12 17 December 2012 C33/2009 - Banco Privado Português – Negative decision with 20 July 2010 recovery of illegal State aid recovery IP/10/972 SA.26909 – Banco Português de Negócios Approval of the 27 March 2012 restructuring IP/12/315 SA.34055 (2011/N) - New recapitalisation Decision not to raise 30 May 2012 scheme for banks in Portugal objections EXME/12/30.5 SA.35062 - Recapitalisation of Caixa Geral Decision not to raise 18 July 2012 de Depósitos, S.A. (CGD) objections IP/12/805 Slovakia N392/2009 - Slovak bank support scheme Decision not to raise 8 December (guarantees and recapitalisations) objections 2009 IP/09/1889 Slovenia N531/2008 - Guarantee scheme for credit Decision not to raise 12 December institutions in Slovenia objections 2008 IP/08/1964

19

N331/2009 - Prolongation EXME/09 / 22.06 22 June 2009 N651/2009 – Second prolongation EXME/09/1217 17 December 2009 N245/2010 - Extension IP/10/864 29 June 2010

N637/2008 - Liquidity scheme for financial Decision not to raise 20 March 2009 sector objections IP/09/452 N510/2009 – Prolongation EXME/09/1910 19 October 2009 N113/2010 – Second Prolongation EXME/10/0415 15 April 2010 N321/2010 – Extension IP/10/1066 24 August 2010

SA.32261 – Temporary approval of rescue IP/11/264 7 March 2011 recapitalisation of Nova Ljubljanska Banka SA.34937 - Second Recapitalisation of Decision not to raise 2 July 2012 NLB objections IP/12/724 SA.35709 - Recapitalisation of NKBM Decision not to raise 20 December objections 2012 MEX/12/1220 Spain NN54a/2008 - Fund for the Acquisition of Decision not to raise 4 November Financial Assets in Spain objections IP/08/1630 2008 Modification Decision not to raise 8 April 2009 objections N337/2009 - Prolongation EXME/09/0807 7 August 2009

NN54b/2008 - Spanish guarantee scheme Decision not to raise 22 December for credit institutions objections 2008 IP/08/2049 Prolongation EXME/09 / 0625 25 June 2009 N588/2009 - Second prolongation EXME/09/1201 1 December 2009 N263/2010 - Extension IP/10/854 28 June 2010 SA.32921 – Prolongation EXME 10/29.11 29 November 2010 SA.32990 – Prolongation IP/11/673 1 June 2011 SA 34224 - Prolongation EXME 12/09.02 9 February 2012

20

SA 34904 - Extension EXME/12/29.06 29 June 2012

N28/2010 – Spanish recapitalisation Decision not to raise 28 January 2010 scheme for credit institutions (Fondo de objections Reestructuración Ordenada Bancaria" IP/10/70 (FROB)) N317/2010 – Prolongation IP/10/997 23 July 2010

SA.35069 - New recapitalisation Scheme Decision not to raise 25 July 2012 for credit institutions objections IP/12/849

NN61/2009 - Restructuring aid for Caja Decision not to raise 29 June 2010 Castilla La Mancha objections IP/10/855 N 392/2010 – Restructuring aid for Decision not to raise 8 November Spanish saving bank Caja Sur objections 2010 IP/10/1479 SA.33402 – Capital injection for Caja de Decision not to raise 24 July 2011 Ahorros de Mediterraneo (CAM) objections EXME 11/25.07 SA.33096 – Temporary approval of rescue Decision not to raise 30 September aid for NCG Banco objections 2011 IP/11/1143 SA.33095 – Temporary approval of rescue Decision not to raise 30 September aid for Unnim Banc objections 2011 IP/11/1143 SA.33103 – Temporary approval of rescue Decision not to raise 30 September aid for Catalunya Banc objections 2011 IP/11/1143 SA. SA.33917 – Temporary approval of Decision not to raise 21 November the recapitalisation and liquidity support objections 2011 for Banco de Valencia IP/11/1388 SA.34255 - Restructuring of CAM Decision not to raise 30 May 2012 objections IP/12/517 SA.34820 - Rescue aid to BFA/Bankia Decision not to raise 27 June 2012 objections IP/12/699 SA.33733 - Adjudicación UNNIM Banc a Decision not to raise 25 July 2012

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favor de BBVA por el FROB. Continuación objections de SA 33095 (2011/N) - Spain IP/12/839 Recapitalisation of UNNIM Banc SA.35369 - Urgent recapitalisation of BFA Decision not to raise 7 September Group objections 2012

SA.33735 - Restructuring of Decision not to raise 28 November CatalunyaCaixa objections 2012 IP/12/1277 SA.35253 - Restructuring of BFA/Bankia Decision not to raise 28 November objections 2012 IP/12/1277 SA.33734 - Restructuring of Decision not to raise 28 November NovaCaixaGalicia objections 2012 IP/12/1277 SA.34053 - Restructuring of Banco de Decision not to raise 28 November Valencia objections 2012 IP/12/1277 SA.34536 - Restructuring of CEISS IP/12/1432 20 December 2012 SA.35488 - Restructuring of Banco Mare IP/12/1432 20 December Notrum - 2012 SA.35489 - Restructuring of Caja3 IP/12/1432 20 December 2012 SA.35490 - Restructuring of Liberbank IP/12/1432 20 December 2012 Sweden N533/2008 - Support measures for the Decision not to raise 29 October 2008 banking industry in Sweden (guarantees) objections IP/08/1600 N26/2009 - Amendment to the decision IP/09/186 28 January 2009 N154/2009 - Amendment and IP/09/652 28 April 2009 prolongation N544/2009 – Prolongation EXME/09/1026 26 October 2009 N 127/2010 – Second Prolongation EXME/10/0422 22 April 2010 N 207/2010 - Extension of Swedish EXME/10/0615 15 June 2010 guarantee scheme SA.31949 – Prolongation EXME 10/01.12 1 December 2010

NN64/2008 - Emergency rescue measures Decision not to raise 15 December

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regarding Carnegie Investment Bank objections 2008 IP/08/1977 N69/2009 - Recapitalisation scheme Decision not to raise 11 February objections 2009 IP/09/241 N436/2009 - Prolongation EXME/09 / 0805 5 August 2009

NN 18/2010 – Clearance of restructuring Decision not to raise 12 May 2010 aid for Carnegie Investment Bank objections IP/10/558 United Kingdom NN41/2008 - Rescue aid to Bradford and Decision not to raise 1st October 2008 Bingley objections IP/08/1437 N507/2008 - Aid scheme to the banking Decision not to raise 13 October 2008 industry in the UK (guarantees, objections IP/08/1496 recapitalisation & other) N650/2008 - Amendment to the Decision 23 December 2008 N193/2009 - Prolongation IP/09/586 15 April 2009 N537/2009 – Prolongation EXME/10/13 13 October 2009 N677/2009 - Prolongation EXME/09/1217 17 December 2009

N111/2009 - Working capital guarantee Decision not to raise 24 March 2009 scheme objections IP/09/471 UK Asset backed Securities guarantee Decision not to raise 21 April 2009 scheme objections IP/09/613 Prolongation EXME/09/1027 27 October 2009

C14/2008 - Restructuring package for Final conditional decision 28 October 2009 Northern Rock after formal investigation procedure IP/09/1600 N428/2009 - Restructuring plan of Lloyds Decision not to raise 18 November Banking Group objections 2009 IP/09/1728 N422/2009 and N621/2009 - Royal Bank Decision not to raise 14 December of Scotland, impaired asset relief measure

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and restructuring plan objections 2009 IP/09/1915 N194/2009 – Liquidation aid to Bradford & Decision not to raise 25 January 2010 Bingley objections IP/10/47 NN19/2009 – Restructuring of Decision not to raise 25 January 2010 Dunfermline Building Society objections IP/10/48 SA.34218 - UK Credit Easing Schemes EXME/12/14.03 14 March 2012 SA.34908 - Extension EXME/12/26.06 26 June 2012 SA.35755 - Prolongation EXME/12/14.12 14 December 2012 Cases currently under formal investigation procedure (in-depth investigation under the rules of the Treaty on the Functioning of the European Union on state aid) Country Type of measure / Beneficiary Date of decision

regarding the opening of formal investigation

Germany, C16/2009 - Aid package for 12 May 2009 Case under Austria Bayern LB and its Austrian IP/09/742 assessment subsidiary Hypo Group Alpe Adria

– decision to open the formal investigation procedure

Extension of in-depth investigation 23 December and temporary approval of rescue 2009 measures for Hypo Group Alpe IP/09/1998 Adria

C 16/2009 – Extension of temporary approval of aid 22 June 2010 measures for Hypo Group Alpe IP/10/774 Adria

SA.32554 – Extension of the formal investigation procedure and 24 May 2011 temporary approval of an asset IP/11/636 guarantee in favour of Hypo Group Alpe Adria

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Latvia SA.30704 – Temporary approval of 26 January 2011 Case under support to Latvian Mortgage and assessment IP/12/77 Land Bank and opening of in-depth

procedure into the measures for the bank's transformation Belgium SA.33927 (2012/C) (ex 2011/NN) 3 April 2012 Case under –Guarantee scheme protecting the assessment IP/12/347 shares of individual members of financial cooperatives Denmark SA.34445 (2012/N) - The transfer 29 June 2012 Case under of property-related assets from assessment IP/12/723 FIH to the FSC Slovenia SA.33229 - Restructuring of NLB 2 July 2012 Case under assessment IP/12/724 Greece SA.34488 Restructuring aid to 27 July 2012 Case under Proton bank through creation and assessment IP/12/854 capitalisation of Nea Proton Greece SA.34823 HFSF Recapitalisation 27 July 2012 Case under commitment to Alpha Bank assessment IP/12/860 Greece SA.34824 HFSF Recapitalisation 27 July 2012 Case under commitment to National Bank of assessment IP/12/860 Greece Greece SA.34825 HFSF Recapitalisation 27 July 2012 Case under commitment to EFG Eurobank assessment IP/12/860 Greece SA.34826 HFSF Recapitalisation 27 July 2012 Case under commitment to Piraeus Bank assessment IP/12/860 Portugal SA.35062 - Recapitalisation of 17 December Case under Caixa Geral de Depósitos, S.A. 2012 assessment (CGD) IP/12/1395

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