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The European Banking Authority (EBA) recently published a list of the public guarantee schemes issued in
response to the COVID-19 pandemic. This publication, which
complements the information included in the EBA Report on the
implementation of selected COVID-19 policies, aims at providing
transparency to the public on the existence of public guarantees.
It also responds to the European Commission's request for a
stock-take of such guarantees.
This list provides an overview of the 47 public guarantee
schemes, of which 43 are from EU Member States and 4 from EEA
members, which, to the EBA's knowledge, have been issued in
response to the COVID-19 pandemic. The list includes factual
information about the guarantor and the region, or district,
covered by the scheme. Moreover, the list clarifies whether the
scheme relates to new lending or to existing exposures, the type of
obligors or exposures covered by the scheme, and also the level of
coverage of exposures by the guarantee. The list also includes a
link to additional documentation for each scheme.
Originally published by Elias Neocleous, July 2020
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