Credit Guarantee Scheme: Difference between revisions
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''Credit risk - credit insurance - UK.'' | |||
(CGS). | (CGS). | ||
A UK Treasury scheme under which banks and other financial institutions could obtain credit insurance effectively backed by the government in return for a fee (designed to be calculated on a full commercial basis). | A former UK Treasury scheme under which banks and other financial institutions could obtain credit insurance effectively backed by the government, in return for a fee (designed to be calculated on a full commercial basis). | ||
The CGS was launched | The UK CGS was launched in 2008 and closed in 2012. | ||
== | == See also == | ||
[[Asset | * [[Asset Purchase Facility]] | ||
* [[Export Credits Guarantee Department] | * [[Export Credits Guarantee Department]] | ||
* [[Credit guarantee scheme]] | |||
* [[Credit insurance]] | |||
* [[Credit risk]] | |||
* [[Treasury]] | |||
[[Category:Manage_risks]] |
Latest revision as of 22:14, 3 October 2023
Credit risk - credit insurance - UK.
(CGS).
A former UK Treasury scheme under which banks and other financial institutions could obtain credit insurance effectively backed by the government, in return for a fee (designed to be calculated on a full commercial basis).
The UK CGS was launched in 2008 and closed in 2012.