Greensill

(asked on 23rd March 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government why Greensill Capital remains listed on the British Business Bank website as an accredited lender.


Answered by
Lord Callanan Portrait
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 6th April 2021

The British Business Bank is tasked with administering the Covid-19 debt guarantee schemes to ensure compliance with its terms. The details of its compliance activity with individual lenders is a commercially sensitive matter.

While the Bank looks into Greensill’s position it is not able to originate new lending that benefits from a Government guarantee.

Reticulating Splines