Business: Wales

Business, Enterprise and Regulatory Reform written question – answered on 11th March 2009.

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Photo of Dame Cheryl Gillan Dame Cheryl Gillan Shadow Secretary of State for Wales

To ask the Minister of State, Department for Business, Enterprise and Regulatory Reform how many companies in Wales have (a) applied for and (b) received loans from the European Investment Bank Group in each of the last six months.

Photo of Ian Pearson Ian Pearson Parliamentary Under-Secretary (Economic and Business), Department for Business, Enterprise & Regulatory Reform, Economic Secretary (Economic and Business), HM Treasury

The European Investment Bank (EIB) publishes data and status information on individual loans on its public website (www.eib.org). The status of a loan can fall into one of three stages:

(1) under appraisal;

(2) approved by the Board of Directors of the EIB; and

(3) signed by borrower and the EIB.

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