ARCHIVES HISTORIQUES 
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COM (83) 491 
 
 
 
Vol. 1983/0 186 
  
 
Disclaimer  
Conformém ent au règlement (CEE, Euratom) n° 354/83 du Conseil du 1er février 1983 
concernant l'ouverture au public des archives historiques de la Communauté économique 
européenne et de la Communauté européenne de l'énergie atomique (JO L 43 du 15.2.1983, 
p. 1), tel que modifié par le règlement (CE, Euratom) n° 1700/2003 du 22 septembre 2003 
(JO L 243 du 27.9.2003, p. 1), ce dossier est ouvert au public. Le cas échéant, les documents 
classifiés présents dans ce dossier ont été déclassifiés conformément à l'article 5 dudit 
règlem ent. 
In accordance with Council Regulation (EEC, Euratom) No 354/83 of 1 February 1983 
concerning the openi ng to the public of the historical archives of the European Econom ic 
Community and the European Atomic Energy Communit y (OJ L 43, 15.2.1983, p. 1), as 
amended by Regulation (EC, Euratom) No 1700/2003 of 22 September 2003 (OJ L 243, 
27.9.2003, p. 1), this f ile is open to the public. Where necessary, classified documents in this 
file have been declassified in conformity with Article 5 of the aforementioned regulation.  
In Übereinstimmung mit der Verordnung (EWG, Euratom) Nr. 354/83 des Rates vom  1. 
Februar 198 3 über die Freigabe der historischen Archive der Europäischen  
Wirtschaftsgemeinschaft und der Europäischen Atomgem einschaft (ABI. L 43 vom  15.2.1983,  
S. 1), geändert durch die Verordnung (EG, Euratom) Nr. 1700/2003 vom 22. Septem ber 2003  
(ABI. L 243 vom 27 .9.2003, S. 1), ist diese Datei der Öffentlichkeit zugänglich. Soweit  
erforderlich, wurden die Verschlusssachen in dieser Datei in Übereinstimmung mit Artikel 5  
der genannten Verordnung freigegeben.  
COMMISSION 
OF THE
EUROPEAN COMMUNITIES
Genera l  SecretariatCOM(83) 491 final
Brussels, 8 September 1983
F O R  OFFICIAL U S E  O NLY
COMMUNICATION FROM THE COMMISSION TO THE COUNCIL
Request for assent, pursuant to Article 56 2a) of the ECSC Treaty to the  
granting of a global loan to Société Générale de Banque, Belgium
COM(83) 491 final

FOR OFFICIAL USE ONLY
Communication to the Council
Subject :  Request for assent, pursuant to Article 56 2a) of the ECSC Treaty
to the granting of a global loan to Societe Generale de Banque,  Belgium.
I. FINANCIAL INTERMEDIARYNo. 384
Applicant :  Societe Generale de Banque
Registered Office :  Brussels
Shareholders :  - S.A. Societe Generale de Belgique (20.42%)- S.C.S. fautuelle "Solvay, Washer et Cie"(1.9%)
- S.A. Union Boel (1.03%)
- Groupe Assurances Generales (2.68%)- Groupe Royale Beige (2.64%)- Assurantie van de Belgische Boerenbond (1.10%)- Balance of shares held by private persons  (about 70%)
II. RECIPIENTS :  Societe Generale de Banque will on-lend the  
global loan funds to small businesses setting  
up new operations and creating new jobs.
Field of Activity of  
recipients :  Industrial and service operations.
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Telex: COMEURBRU 2! 8//

- 2 -
III. THE PROJECT
Procedure s  The Commission will make BFR 1  000 million available  to Societe Generate de Banque. This decision will be  put into effect by concluding a framework agreement :  this will be implemented in successive tranches.  Sub-loans will be approved by Commission departments.
Societe Generate de Banque will send the Commission  
an annual report on the use of the funds borrowed.The Bank will also send the Commission each year a  report on the jobs created, the jobs filled and the  
number of former ECSC workers re-employed.
Total amount of  
investment :  at least BFR. 2 000 million (+ 44.30 MioECU)
IV,THE REGION
Project location :  Coal and steel areas experiencing heavy redundancies,
Unemployment rate :  at least 12%.
National aid status of  project area :  development areas.
The ECSC industry has been and still is a major employer in the area.

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V. CONFORMITY WITH ARTICLE 56 OF THE ECSC TREATY
ECSC redundancies in  project area*  Brabant Province  
Hainaut Province  Liege Province  Namur Province1977 - 83
350 3 967 2 059__45
6 4
21
Jobs to be created  
by the project
Training:  At least 1  660
:  Government training scheme under unemployment  legislation
The Commission considers that the application complies with Article 56 2a)  
of the ECSC Treaty.
VI. GLOBAL LOAN
Loan applied for  
Loan to be granted
V
Interest rebate
Job basis of interest rebate:  BFR 1  000 million (about 22.15 MioECU)
:  The Commission has approved a loan
of BFR 1  000 mi llionCabout 22.15 MioECU)  
or equivalent to the above mentioned  institution in accordance with  
Art. 56 application criteria (0J C  82,
29 March ’ 1979).
:  5 percentage points per year for five  
years on 22.15 MioECU
:  1  107 jobs suitable for former ECSC  workers, to whom they will be offered in  priori ty.
VII. COUNCIL ASSENT
The Commission requests the Council to give its assent to the foregoingdecision.