Asset Protection Scheme: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add abbreviation.) |
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''Banking''. | ''Banking''. | ||
(APS). | |||
A UK government scheme launched in 2009, insuring participating banks against a proportion of potential credit losses on assets covered by the Scheme. | A UK government scheme launched in 2009, insuring participating banks against a proportion of potential credit losses on assets covered by the Scheme. | ||
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== See also == | == See also == | ||
* [[Asset purchase programme]] | * [[Asset purchase programme]] | ||
* [[Asset purchase scheme]] | * [[Asset purchase scheme]] | ||
Latest revision as of 15:10, 26 June 2022
Banking.
(APS).
A UK government scheme launched in 2009, insuring participating banks against a proportion of potential credit losses on assets covered by the Scheme.
The banks which participated were Lloyds Banking Group and the Royal Bank of Scotland.
By 2012, both participating banks had withdrawn from the Scheme.
