A UK government initiative launched in February 2009 to revive bank lending in the wake of the global financial crisis by insuring banks against further losses from toxic assets.
A UK government scheme designed to encourage bank lending to smaller enterprises by providing a 75% guarantee on company overdrafts, while the borrower remains liable for 100% of the loan amount. It is available to UK companies with a turnover of no more than £41M.
The Troubled Asset Relief Program (TARP) was a U.S. government initiative aimed at stabilizing the financial system and restoring bank lending during the subprime mortgage crisis by purchasing up to $700 billion in troubled assets from financial institutions.
