Asset Protection Scheme: Difference between revisions
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''Banking''. | ''Banking''. | ||
A UK government scheme launched in 2009, insuring participating banks against a proportion of potential credit losses on assets covered by the | 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 Bank Group and the Royal Bank of Scotland. | The banks which participated were Lloyds Bank Group and the Royal Bank of Scotland. | ||
Revision as of 15:23, 26 October 2016
Banking.
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 Bank Group and the Royal Bank of Scotland.
By 2012, both participating banks had withdrawn from the Scheme.
