Asset purchase scheme: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Remove surplus link.) |
||
| Line 1: | Line 1: | ||
''Banking''. | ''Banking''. | ||
(APS). | |||
A scheme through which the impaired assets held by a bank are identified and purchased by the government. | A scheme through which the impaired assets held by a bank are identified and purchased by the government. | ||
| Line 7: | Line 9: | ||
== See also == | == See also == | ||
* [[Asset Protection Scheme]] | * [[Asset Protection Scheme]] | ||
* [[Asset purchase programme]] | * [[Asset purchase programme]] | ||
Latest revision as of 15:11, 26 June 2022
Banking.
(APS).
A scheme through which the impaired assets held by a bank are identified and purchased by the government.
Under such a scheme, the government may choose to establish a self-standing institution - often referred to as a 'bad bank' - to purchase and hold the impaired assets.
