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The Deposit Guarantee Fund was created in France by the law of 25 June 1999 on savings and financial security. It is intended to compensate customers in the event of default by your bank or financial institution that has joined the Fund. It exists The deposit guarantee, known as the "cash collateral" The securities guarantee, referred to as the "securities guarantee" The guarantee of the warnings, called "guarantee bonds". The Guarantee Fund for Deposits and Resolution covers nearly 600 establishments in France
Bank guarantee funds are the security fund provided by governmnets to financial institutions like Bank
The Bank Guarantee promise by the bank contract between two parties bank giving a guarantee, if particular borrower default on amount bank is liable for that loss.
l'octroi du crédit est réglementé par les règles prudentielles édictées par BAL 1 et BAL 2 ou certaines banques ont eu la mission de garantir les fonds de certains demandeurs de crédit , pour que ses fonds ne seront pas inférieur au seuil des crédits sollicités
Bank Guarantee means bank ensuring the liabilities is not paid by the person.
A bank guarantee, like a letter of credit ,guarantees a sum of money to a beneficiary
The amount of fund guaranteed by govt to the depositors when bank going for liquidation.
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