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TLGP meaning in Banking ?

Answer» What is Temporary Liquidity Guarantee Program mean?

The Temporary Liquidity Guarantee Program (TLGP) was a program administered by the Federal Deposit Insurance Corporation (FDIC) from 2008 to 2012 in the aftermath of the financial crisis of 2007–2008. The program sought to promote confidence in the US banking system by guaranteeing interbank loans and no-interest transaction accounts, such as checking accounts. It was announced through an Interim Rule on October 14, 2008.

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Temporary Liquidity Guarantee Program Banking
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