Credit guarantee scheme: Difference between revisions
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(Create page - source - World Bank - https://www.worldbank.org/en/topic/financialsector/publication/principles-for-public-credit-guarantee-schemes-cgss-for-smes) |
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Latest revision as of 22:13, 3 October 2023
Credit risk - risk management.
(CGS).
Public credit guarantee schemes are a form of government intervention to support small and medium enterprises (SMEs).
A credit guarantee scheme provides credit risk mitigation to lenders through the absorption of a portion of the lender’s losses on qualifying loans made to SMEs in case of default, typically in return for a fee.
(Source: World Bank.)
