Page 383 - ePaper
P. 383
- 2
-
Main issue
The objective is to incentivize banks to fund industrial investments, to increase their loans
volume towards green transition or digital/ automation investments.
Basel III rules are a disincentive for long term investments, especially for industrial projects
mixing tangible and intangible investments. SME and mid-caps do not have an easy access
to bond financing and many find it difficult to fund such large projects.
European added value
The European Union and the new Commission have voiced their support for a strengthened
industrial base. This implies a determined action to encourage industrial investments.
One instrument for a renewed industrial policy could be a facilitated access to finance for
large growth- generating projects in industrial firms. Such projects could contribute to the
success of the European digital or energy strategies and to the competitiveness of the
European industry and economy.
-
Main issue
The objective is to incentivize banks to fund industrial investments, to increase their loans
volume towards green transition or digital/ automation investments.
Basel III rules are a disincentive for long term investments, especially for industrial projects
mixing tangible and intangible investments. SME and mid-caps do not have an easy access
to bond financing and many find it difficult to fund such large projects.
European added value
The European Union and the new Commission have voiced their support for a strengthened
industrial base. This implies a determined action to encourage industrial investments.
One instrument for a renewed industrial policy could be a facilitated access to finance for
large growth- generating projects in industrial firms. Such projects could contribute to the
success of the European digital or energy strategies and to the competitiveness of the
European industry and economy.
