Global Banking News-August 4, 2011--Banking association in Denmark faults government stance on not guaranteeing bank
debt(C)2011 ENPublishing - http://www.
Besides, the government also plans to adjust its policy of fully guaranteeing bank
deposits, by shortening the guarantee term or reducing the guaranty amount.
A GOVERNMENT bill guaranteeing bank
deposits up to e1/4100,000 is in its final stages and should come before parliament for voting sometime over the next couple of weeks.
The Federation of Small Businesses said a survey of thousands of companies found that moves aimed at guaranteeing bank
lending and boosting consumer spending were having "no impact.
MINISTERS yesterday pledged to explore guaranteeing bank
loans to crisishit car manufacturers in a bid to kick-start lending, after an emergency summit.
Under his plan, which passed in Congress that summer, the government went beyond merely guaranteeing bank