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 |
| Do you (your members) benefit of a public counter-guarantee that allows deponderation (capital relief)? | Yes |
| Do your guarantees provide deponderation (capital relief) for member banks subject to capital requirements (Basel agreement)? | Yes |
| Do you (your members) dispose of an internal rating/scoring system? | Yes |
| Do you (your members) use..? De minimis or GBER or Regional guidelines or Notification | De minimis, GBER, Regional guidelines |
| Is the activity subject to state aid regulation? | Yes |
| 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 |
| Types of guarantee products provided by your organisation/your members | Loan default guarantees, Working capital loan guarantees |
| Are you/your members financial intermediary for EU-programmes? CIP/COSME or Structural funds or Progress or RSI/RSFF Horizon 2020 | No |
| 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 |
| Type of scheme guarantee or counter-guarantee | Guarantee |
| Product typology guarantee or counter-guarantee or co-guarantee | Guarantee |
| Profit / Non-profit oriented dividends to public shareholders are not considered as profit orientation | Non profit oriented |
| Supervision statute i.e. mono-product banking licenses, financial intermediary statute, non-supervised. For associations, please state statute of members | Mono-product banking licenses |
| Size of businesses supported i.e. large companies, SMEs, micro-enterprises, independent/self-employed | SMEs, large companies |
| Sectorial focus i.e. agriculture, industry, crafts, retail, liberal professions, cooperatives, etc. | Industry, crafts, retail, tourism |
| Geographic coverage i.e. local, regional, national | Regional, Province Lower Austria |
| Structure / Network i.e. central scheme with regional offices, central scheme only, association network | Central scheme with regional offices |
| 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 |
| 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 |
| Shareholder structure Private / Public (in %) | 56.4% private, 43.6% public |
| Ownership i.e. fully mutual, funded by SMEs, banking associations, fully public, fully private, private-public, mixed models | Private-public mixed models |
| Type of organization National Promotional Bank (NPB), National Promotional Institution (NPI), Private, Mutual, Mixed | Private-public mixed models (NPB) |
