ARCHIVES HISTORIQUES
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DOCUMENTS "COM"
COM(82)763
Vol.1982/0230

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COMMISSION
OFTHE
EUROPEAN COMMUNITIES
GeneraljecrctanatCOM(82)763 final
Brussels 22November 1982
FOROFFICIA LUSEONLY
Communication fromtheCommission totheCouncil
Requestforassent,pursuant toArticle 562a)oftheECSCTreatytothegranting
ofagloballoantodieDeutsche BankAG,Zentrale Dusseldorf ,FederalRepublic of
Germany
COM(82)763final

\
Communication totheCouncil
Subject :Requestforassent,pursuant toArticle 562a)oftheECSCTreaty
tothegrantingofagloballoantodieDeutsche BankAG,
Zentrale Dusseldorf ,FederalRepublic ofGermany.
I.FINANCIAL INTERMEDIARY
====================== No.369
Applicant :Deutsche BankAG,Zentrale Düsseldorf
Registered Office
Shareholders:Frankfurt amMain
:Scattered shareholdings
II.RECIPIENTS Deutsche BankAGwilltransmit theloanto
smallandmedium-sized firmswhichareex­
pandingexistingactivities orcreating
newbusiness activities .
FieldofActivity of
recipients Industrial andservice sectors .
RwCde!oLoi200,B–1040Brssels-1olephcr-c35CO40-358040-Telcgrcpkic cdtf'O'.s :
Tele*•COMEURBRiJ ?!8ì'iCCMrl:RB­

-2-
ni.THEPROJECT
Procédure :TheCogjmission willmakeavailable totheDeutsche
BankAGDM20million (approximately 8.48MioECU).
Theloanwillbepaidoutintranches overaperiod
ofthreeyearsasandwhensubsidiary loansare
approved .Thesubsidiary loanswillbegranted bythe
Commission inaccordance withthepublished applica­
tioncriteria andobjectives (0JC178,27July1977-
0JC82,29March1979).EachyeartheDeutsche Bank
AGwillsubmittotheCommission areportonthe
purposes towhichthegloballoanhasbeenput.The
bankwillalsosubmitanannualreportonthere­
employment bytherecipients offormer ECSCworkers .
Totalamountof
investment atleast DM40million (+■116.95MioECU )
IV,THEREGION
Projectlocation Thefundswillbeemployed inthecoalandsteel
regionsoftheFederalRepublic ofGermany,primarily
inNorthRhineWestphalia .
Unemployment rate :InMay1982theunemployment rateintheemployment
officeareasofNorthRhineWestphalia inwhichcoal
andsteelhavetraditionally playedanimportant role
wasapproximately 10%.Bycomparison ,therateforthe
FederalRepublic asawholeatthesametimewas6.9%.
National aidstatusof
project area :Regional aidareasorECSCconversion areas.
TheECSCindustry hasbeenandstillisamajoremployer inthearea.

-3-
V,CONFORMITY WITHARTICLE 56OFTHEECSCTREATY
ECSCredundancies in
projectarea ..:TheFederalGovernment expectsthatsome8,000
to10,000furtherjobswillprobably belostin
1982and1983inboththesteelandthemining
industries . »
Jobstobecreated :Over600jobs,ofwhichatleast424willbesuitable
bytheproject forformer ECSCworkers .
Training :Insofar asisnecessary ,byrecipients ofsubsidiary
loansand/orpublictraining establishments .*
TheCommission considers thattheapplication complies withArticle 562a)
ofthe .ECSCTreaty,
VI„GLOBAL LOAN
Loanappliedfor
Loantobegranted
Interest rebate
Jobbasisofinterest rebateDM20million
TheCommission hasapproved aloan
ofDM20million (about8.48 MioECU)
orequivalent totheabovementioned
institution inaccordance with
'Art,56application criteria (0JC82,
29March'1979),
3percentage pointsperyearforfive
yearson *8.48 MioECU
424jobssuitableforformer ECSC
workers,towhomtheywillbeofferedin
priority.
VII,COUNCIL ASSENT
TheCommission requests theCounciltogiveitsassenttotheforegoing
decisi'on.