EBA Publishes Summary of Guarantee Schemes Issued to Ease COVID Impact
EBA published an overview of the public guarantee schemes implemented in response to the COVID-19 pandemic. The overview lists 47 public guarantee schemes, of which 43 are from EU member states and 4 from European Economic Area members. The overview includes factual information about the guarantor, the region, or district covered by the scheme. It also clarifies whether a scheme is targeted to new lending or to existing exposures, the type of obligors or exposures covered by the scheme, and the level of coverage of exposures by the guarantee. A link to additional documentation for each scheme is also provided. This publication complements the information included in the EBA report on the implementation of selected COVID-19 policies.
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Keywords: Europe, EU, Banking, COVID-19, Basel, Reporting, Loan Guarantee, Credit Risk, EBA
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