Mutualité de Cautionnement – MC

House of Entrepreneurship
14, rue Erasme,
1468 Luxembourg
Luxembourg

(+352) 42 39 39 33
cautionnement@houseofentrepreneurship.lu
http://www.cautionnement.lu/

Year of creation
individual entities or association
1969
Type of organization
National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed
Private
Type of scheme
guarantee or counter-guarantee
Guarantee
Product typology
guarantee or counter-guarantee or co-guarantee
 Guarantee
Ownership
i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models
Private
Shareholder structure
Private / Public (in %)
Chamber of Commerce as major shareholder
Structure / Network
i.e. central scheme with regional offices, central scheme only, association network
 Central
Geographic coverage
i.e. local, regional, national
 National
Sectorial focus
i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc.
 Industry, crafts, retail, restauration, liberal professions
Size of businesses supported
i.e. large companies, SMEs, micro-enterprises, independent/self-employed
 Micro-enterprises, SME’s, Independant/self employed
Supervision statute
i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members
 Non-supervised
Profit / Non-profit oriented
dividends to public shareholders are not considered as profit orientation
 Profit orientated
Do you benefit from a counter-guarantee at local, regional or national level?
Local level or Regional level or National level
 No
Are you/your members financial intermediary for EU-programmes?
CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020
 Yes / COSME
Types of guarantee products provided by your organisation/your membersLoan default guarantee, working capital default guarantee, leasing guarantee, project guarantee
Other SME support instruments offered by your organisation/your members
Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services
 Business and financial advisory
Is the activity subject to state aid regulation? No
Do you (your members) use..?
De minimis or GBER or Regional guidelines or Notification
 No
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)? No
Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)? No