ARCHIVES HISTORIQUES 
DE LA COMMISSION 
 
 
 
COLLECTION RELIEE DES 
DOCUMENTS "COM" 
 
 
 
 
COM (85) 338 
 
 
 
Vol. 1985/0 135 
  
 
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
General SecretariatC 0M (85) 338 final 
Brussels, 28 June 1985
F O R  O F F I C I A L  U S E  O N L Y
COMMyNICATION_FROH_THE_COMMISSION_TO_THE_COyNCIL
Request for assent, pursuant to Article 56 2(a) of the ECSC Treaty  
to the granting of a global loan to the Royal Bank of Scotland PLC,
United Kingdom
C0MC85) 338 final

F O R  O F F IC IA L  U S E  O N L Y
Com m unication to the Council
Subject :  Request for assent, pursuant to Article 56 2a) of the E C S C  Treaty
to the granting of a  global loan to T h e Royal B an k  of Scotland p.l.c.,
United K ingdom .
F IN A N C IA L  I N T E R M E D I A R YN o. ^18
ApplicantT h e R oyal B an k  of Scotland p.l.c,
Registered Office 36, St. A n d rew  Square, 
Edinburgh, Scotland, E H 2  2 Y B
ShareholdersT h e Royal B an k  of Scotland p.l.c. is wholly 
o w ned b y the Royal B an k  of Scotland G roup p.l.c 
w hich in turn is ow ned b y :
Guardian Royal Exchange Assurance p.l.c 
Lloyds B an k  p.l.c.
Provincial Insurance Public Ltd C o m p an y  
Other private interests45.65%
21.31%
29.11%
3.93%
II. R E C IP IE N T ST h e R oyal B an k  of Scotland p.l.c. will, through 
its local branch network, on-Lend the global 
am ount in the form  of sub-loans to small and 
m ed iu m  sized firms for the expansion of existing 
and/or the creation of n e w  activities.
Field of Activity of 
recipientsIndustrial and service sectors.
address: Rue de la Loi 200, ß—  1 040 Brussels
T e le x :Telephone 35 00 40-35 8 0  40 -  Telegraphic address: .  COMEUR Bru 
«COMEURBRU 2l 8/7-o ris

-  2 -
III. T H E  P R O J E C T
Procedure This loan is in addition to a  previous global facility 
for U K £  5  million which has been fully utilised.
In this instance the C om m ission has decided to m ak e 
U K £  10 million (about 17.025 M io E C U ) available to the 
Royal B an k  of Scotland to be disbursed in sub-loans to 
small and m ed iu m  sized businesses in E C S C  em ploym ent 
areas. T h e loan will be paid in instalments 
as sub-loans are approved. T h e  C o m m issio n  will 
approve sub-loans o n the basis of its published 
operating principles (O.J. N o . C  1 9 1  of 1 6 July, 1983). 
T h e bank will report annually to the Com m ission on the 
use m ad e of the global loan, on the total num ber of jobs 
created and actually occupied, and on the re-employment 
of ex -E C S C  workers b y  the sub-borrowers.
T h e Royal B an k  of Scotland p.l.c. and Williams and Glyn's 
B an k  p.l.c. will m erge o n  1  October,1985 under the title 
of the form ei; thus considerably expanding the 
availability of this global loan facility.
Total am ount of 
investment at least U K £  20,000,000 (+  34.051 M io E C U )
IV . T H E  R E G I O N
Project location E C S C  em ploym ent areas in Britain. ( 1  )
U nem ploym ent rate W ales
Scotland
England
Britain17.0%
15.5%
12.6%
13.4%
National aid status of 
project areaSteel and coal closure areas.
(1) Outside these areas the strict social clause will be applied (O.J. C  1 9 1  of 
16.7.1983, para. 14, second sentence).

- 3  -
V . C O N F O R M I T Y  W I T H  A R T IC L E  5 6 2a) O F  T H E  E C S C  T R E A T Y
E C S C  redundancies in 
project area1977 - 1982 job Losses
W ales 
Scot L a n d  
England
Britain35.710
6.995
55.001
97.706
Jobs to be created 
by the project
TrainingA ssum ing that all the posts will be created in 
priority E C S C  em ploym ent area/ so m e 1276 
jobs will be involved.
Through the M an p o w er Services Com m ission and 
the sub-loan recipients.
T h e Com m ission considers that the application complies with Article 5 6 2a) 
of the E C S C  Treaty.
VI. G L O B A L  L O A N
Loan applied for U K £  10,000,000
Loan to be granted
Interest rebateT h e C om m ission has approved a loan of 
U K £  10,000,000 (about 17.025 M io E C U ) or. 
equivalent to the above mentioned institution 
(1)
5  percentage points per year for  five years 
on 17.02 M io E C U
Job basis of interest rebate :  8 5 1  jobs (i.e. tw o thirds of the jobs to be 
'  ~~ created)
VII. C O U N C I L  A S S E N T
T he Com m ission requests the Council to give its assent to the foregoing 
decision
(1) In accordance with the application criteria < 0 J C  191, 1 6  July 1983).