Credit Guarantee Scheme: Difference between revisions
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imported>Doug Williamson (Amend link.) |
imported>Doug Williamson m (Categorise.) |
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* [[Asset Purchase Facility]] | * [[Asset Purchase Facility]] | ||
* [[Export Credits Guarantee Department]] | * [[Export Credits Guarantee Department]] | ||
[[Category:Corporate_finance]] | |||
[[Category:Manage_risks]] | |||
Revision as of 11:01, 22 February 2018
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 CGS was launched in 2008 with the aim of making it easier for financial institutions to borrow money.
The CGS closed in 2012.
(The former CGS should not be confused with the UK Export Credits Guarantee Department, which relates to exports from the UK.)
