INVEGA UAB – Investiciju ir verslo Garantijos
Konstitucijos ave. 7
09308 Vilnius
Lithuania
+370 52107510
+370 52107511
info@invega.lt
http://www.invega.lt
The purpose of INVEGA activities is to promote the development of small and medium-sized enterprises in Lithuania facilitating their access to the sources of financing.
| Year of creation individual entities or association | 2001 |
| Type of organization National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed | NPI |
| Type of scheme guarantee or counter-guarantee | Guarantee, Counterguarantee |
| Product typology guarantee or counter-guarantee or co-guarantee | Guarantee, Counter-guarantee |
| Ownership i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models | Fully public |
| Shareholder structure Private / Public (in %) | 100% public |
| Legal form of single guarantee entity or association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc. | Limited company |
| Structure / Network i.e. central scheme with regional offices, central scheme only, association network | Central scheme only |
| Geographic coverage i.e. local, regional, national | National |
| Sectorial focus i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc. | Industry, Crafts, Retail, Liberal professions, Cooperatives, For undertakings which are active in such sectors as transport, logistic, processing, tourism. |
| Size of businesses supported i.e. large companies, SMEs, micro-enterprises, independent/self-employed | Large companies, SMEs, Micro-enterprises, Independent/Self-employed |
| Supervision statute i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members | Financial intermediary statute |
| Profit / Non-profit oriented dividends to public shareholders are not considered as profit orientation | Non-Profit oriented |
| Do you benefit from a counter-guarantee at local, regional or national level? Local level or Regional level or National level | National level - The Ministry of Economy and Innovation |
| Are you/your members financial intermediary for EU-programmes? CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020 | Structural funds |
| Types of guarantee products provided by your organisation/your members | Individual and Portfolio guarantees on Loans and Leasing transactions as well as Factoring and Export Credit Guarantees |
| Other SME support instruments offered by your organisation/your members Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services | Venture capital, Soft loans, Subsidies such as: partial financing of loan interest as well as of consultations, staff training, support for employment. |
| Is the activity subject to state aid regulation? | Yes |
| Do you (your members) use..? De minimis or GBER or Regional guidelines or Notification | De minimis and Regional guidelines |
| Do you (your members) dispose of an internal rating/scoring system? | Yes |
| Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)? | Yes |
| Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)? | Yes |
