At the same time, there has been some press speculation that the business bank may, ultimately, simply be an amalgamation of the current range of government-backed financial support schemes for companies, such as Funding for Lending, Enterprise Capital Funds and the Enterprise Finance Guarantee Scheme.
Subordinated loans are not covered by the finance ministry's guarantee.
Mr Salmond attributes the development substantially to policies pursued by the Scottish government: notably accelerated capital investment, access to finance and the stability involved in a guarantee of no compulsory redundancies in those areas of the public sector over which he has direct control.
Several Western pharmaceutical giants say India's 2005 Patent Act fails to guarantee the rights of investors who finance drug research and development.
They are the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International Centre for Settlement of Investment Disputes (ICSID).
The most sweeping intervention of all came from Ireland's government, where concerns about spiking credit-default swap (CDS) spreads, falling share prices and jittery depositors led the finance minister to announce, on September 30th, a blanket guarantee on the deposits and almost all the debts of the country's six biggest banks until September 2010.
The loan guarantee program at issue allows the Energy Department to help finance certain renewable energy projects, electric transmission systems and bio-fuels projects that begin construction no later than September 30, 2011.
"For many decades, banks enjoyed an implicit government guarantee, " said Harald Benink, professor of banking and finance at Tilburg University.
It would be able to borrow money, with a government guarantee, either from the Bank of Japan or from the finance ministry's trust-fund bureau, which manages postal-savings money.
All of the other ELA debt was contracted under the Facility Deed which according to the Anglo Irish Bank Annual Report 2010 is an unsecured loan facility guaranteed by the Minister for Finance who separately benefits from a counter indemnity from the Bank should the guarantee be called upon.
In a paper that will be published soon in the Pacific-Basin Finance Journal, he maintains that not only is past economic growth no guarantee of future stockmarket returns, but even future economic growth (could we but know it) is no guarantee of contemporaneous stockmarket returns except in the most transitory way.
The New York state authorities also sent letters to mortgage-finance entities Fannie Mae and Freddie Mac, the government-controlled companies that guarantee the bulk of U.S. home loans.
The loan guarantee program discussed in the memo allows the Energy Department to help finance projects such as electric transmission systems and bio-fuel initiatives that begin construction no later than September 30, 2011.
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However, German Finance Minister Wolfgang Schaeuble said he and the International Monetary Fund had been in favour of "respecting the deposit guarantee for accounts up to 100, 000" euros.
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