Credit Guarantee Scheme: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Amend link.)
imported>Doug Williamson
m (Categorise.)
Line 18: Line 18:
* [[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.)


See also