bank guarantee fund


bank guarantee fund
bank guarantee fund bank guarantee fund fund1

* * *

bank guarantee fund UK US noun [C] BANKING, GOVERNMENT
money that a government keeps to help banks in financial difficulty: »

Deposits held in the bank are covered under the Polish guarantee system by the bank guarantee fund.


Financial and business terms. 2012.

Look at other dictionaries:

  • Norwegian Banks' Guarantee Fund — The Norwegian Banks Guarantee Fund (Norwegian: Bankenes Sikringsfond) is a Norwegian fund for deposit insurance. It was established on 1 July 2004, because of legislation that passed the Parliament of Norway one week before. It was a merger of… …   Wikipedia

  • Leased Bank Guarantee — A bank guarantee that is leased to a third party for a specific fee. The issuing bank will conduct due diligence on the creditworthiness of the customer looking to secure a bank guarantee, then lease a guarantee to that customer for a set amount… …   Investment dictionary

  • fund — A fiscal and accounting entity with a self balancing set of accounts in which cash and other financial resources, all related liabilities and residual equities, or balances, and charges therein, are recorded and segregated to carry on specific… …   Financial and business terms

  • guarantee — See guaranty. American Banker Glossary The assumption of responsibility for payment of a debt or performance of some obligation if the liable party fails to perform to expectations. Bloomberg Financial Dictionary Financial security required for… …   Financial and business terms

  • Bank Insurance — A guarantee by the Federal Deposit Insurance Corporation (FDIC) of deposits in a bank. Created in 1989, the Bank Insurance Fund is the federal fund used to insure bank deposits of national and state banks, that are members of the Federal Reserve… …   Investment dictionary

  • Bank of Estonia — Eesti Pank (Estonian) …   Wikipedia

  • Bank of England — Bank of England …   Wikipedia

  • Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha …   Wikipedia

  • Bank of Mexico — Banco de México Bank of Mexico headquarters in Mexico City …   Wikipedia

  • Bank of Japan — 日本銀行 (Japanese) …   Wikipedia