Brief: EU Commission opens in-depth investigation into restructuring aid for Vestjysk Bank in 2012

Vestjysk Bank A/S

04/12/2015 11:26

Dec 4 (Reuters) - Vestjysk Bank A/S  VJBA.CO : 
    * European Commission has opened an in-depth investigation to assess whether aid granted by 
Denmark to Vestjysk Bank in 2012 is compatible with EU State aid rules 
    * Commission will in particular examine whether Vestjysk Bank's restructuring plan would 
restore long-term viability without unduly distorting competition 
    * At this stage Commission has doubts as to whether restructuring plan would be adequate to 
ensure bank's return to long-term viability 
 
Source text for Eikon:  ID:nCSE65CL  
     
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