NÖ Bürgschaften und Beteiligungen GmbH (NÖBEG)
Seidengasse 9-11 / Top 3.1.
1070 Wien
Austria
+43 1 710 52 10
+43 1 710 52 10-40
office@noebeg.at
http://www.noebeg.at
Managing directors: Dr. Doris Agneter and Mag. Stefan Chalupa
NÖ Bürgschaften und Beteiligungen GmbH (NÖBEG), a bank with a private-public shareholder structure, promotes economic growth in the Austrian province of Lower Austria. Its main objective is to finance and support small and medium-sized companies based in Lower Austria.
For this purpose, NÖBEG offers financial instruments in the form of guarantees for bank loans (investment and working capital financing) and equity mezzanine capital, by taking a non-voting stake in enterprises wishing to broaden their capital base.
With both business models NÖBEG helps enterprises in Lower Austria improve their access to finance for growth-oriented projects and strengthen their competitiveness.
| Year of creation individual entities or association | 1969 |
| Type of organization National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed | Private-public mixed models (NPB) |
| 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-public mixed models |
| Shareholder structure Private / Public (in %) | 56.4% private, 43.6% 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 |
| Legal form of members of an association: i.e. fund, development bank, development agency, cooperative or mutual societies, bank, foundation, association, limited company, etc. | Bank |
| Structure / Network i.e. central scheme with regional offices, central scheme only, association network | Central scheme with regional offices |
| Geographic coverage i.e. local, regional, national | Regional, Province Lower Austria |
| Sectorial focus i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc. | Industry, crafts, retail, tourism |
| Size of businesses supported i.e. large companies, SMEs, micro-enterprises, independent/self-employed | SMEs, large companies |
| Supervision statute i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members | Mono-product banking licenses |
| 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 | Regional level -NÖ Wirtschafts- und Tourismusfonds NÖWTF / Province of Lower Austria |
| Are you/your members financial intermediary for EU-programmes? CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020 | No |
| Types of guarantee products provided by your organisation/your members | Loan default guarantees, Working capital loan guarantees |
| Other SME support instruments offered by your organisation/your members Subsidized loans or Mezzanine financing or Venture capital or Coaching or Mediation services | Mezzanine financing |
| 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, GBER, 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 |
