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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.

APS - Related Articles
  • When Form Follows Function: How Core–Satellite Investing Has Sparked an Era of Convergence

    Best Practice

    Innovative public pension plans such as Sweden’s AP7 (see case study) went a step further, ignoring labels such as “traditional” and “hedge fund,” and reoriented their portfolios and organizations along the lines of alpha and beta regardless of their respective sources.
    By Christopher Holt

  • Asset Protection Schemes

    Key Concepts

    An asset protection scheme (APS) is a state-backed insurance scheme designed to protect banks that are exposed to significant levels of non-performing loans. The government generally charges a fee for the cover that it is providing. The idea is based upon the premise that an institution saddled

  • Mobilizing the Power of Pension Funds to Transform Corporate Behavior

    Viewpoints

    If asset management is done inhouse, it’s much easier to align the investment team’s interests with those of the fund’s long-term beneficiaries. Plenty of European funds have adopted this model, including the Swedish national pension funds AP 1 through 7, the Dutch pension giant ABP, the Universities Superannuation Scheme, and the BT pension fund.
    By Catherine Howarth

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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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