Reimbursement of expenses of the Financial Market Participation Corporation of the Federal Government (FIMBAG)

The measure "Reimbursement of expenses of the Financial Market Participation Corporation of the Federal Government (FIMBAG)" serves to permanently ensure the financing obligations incumbent upon the federal government as a shareholder of FIMBAG. Since its entry into force on October 30, 2008, the federal government has annually paid a lump sum fee in accordance with § 9a para. 3 of the ÖIAG Act 2000 to cover the ongoing expenses of FIMBAG. This financing significantly contributes to the stabilization of the Austrian banking and financial sector and supports the maintenance of overall economic balance. Public institutions as direct recipients of funding benefit from this indefinite grant scheme, which can be applied for at any time and has an unlimited total volume.

All ongoing expenses of FIMBAG are funded, the amount of which is determined in the form of an annually agreed lump sum fee. Applications can be submitted without deadline restrictions, ensuring flexible and continuous provision of funds. The financial support aims to reliably finance the measures assigned to FIMBAG and to secure the overall economic balance even in challenging times. Interested public institutions can find the legal basis in § 9a para. 3 ÖIAG Act 2000 and obtain further information through the Federal Ministry of Finance, Department I/5 Participations and Real Estate. This funding instrument is a central component of Austrian financial market policy and underscores the commitment to a robust and crisis-resistant banking landscape.