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Home > QFINANCE Dictionary > Definition of APS

Definition of

APS

Banking abbr

UK insurance plan supporting banks Asset Protection Scheme: in the United Kingdom, a government program established in 2009 that, for a fee, supports banks which have many bad loans and whose capital base is therefore compromised. It provides insurance against further losses, on the security of agreed assets, so that banks can continue to lend money.

Definitions of ’APS’ and meaning of ’APS’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’APS’ and other financial terms with our online QFINANCE Financial Dictionary.

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