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Small Companies (European Investment Bank Loans)

Volume 958: debated on Wednesday 15 November 1978

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asked the Secretary of State for Industry what is the number of successful applications made by United Kingdom companies to the European Investment Bank for loans under the small companies exchange risk guarantee scheme, and the total financial sum involved; and what is the number of rejections by the European Investment Bank following his Department's recommendation for approval to the European Investment Bank.

Twenty-six loan applications totalling £14,889,000 have so far been approved by the European Investment Bank under this scheme; one application has been rejected.