HC Deb 21 April 1982 vol 22 cc98-9W
Mr. Watson

asked the Secretary of State for Industry whether any new institutions are to be invited to participate in the loan guarantee scheme.

Mr. MacGregor

Three new participants have been invited to join the 27 banks and other financial institutions currently offering Loan Guarantee Scheme facilities. They are:

  • Bank of Credit and Commerce International.
  • Beneficial Trust Limited.
  • Standard Chartered Bank Limited.

No further institutions will be accepted into the present pilot Scheme.