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Greensill lent a total of £418.5 million under the government’s COVID-19 business support schemes between...
Conclusion
Greensill lent a total of £418.5 million under the government’s COVID-19 business support schemes between July and October 2020. Of this, Greensill lent £400 million under CLBILS, the maximum amount it was authorised to lend, through eight loans of £50 million. This made Greensill the fifth largest lender under this scheme. Under CBILS, Greensill made four loans worth £18.5 million.53
Source
Committee
Public Accounts Committee
Inquiry
Lessons from Greensill Capital
Report
Twenty-Sixth Report - Lessons from Greensill Capital: accreditation to business support schemes
20 Nov 2021
HC 169
Addressee Bodies
HM Treasury
Timeline
Recommendation age
4.5 yrs
Report published
20 Nov 2021