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GFCS in Banking Meaning

The GFCS meaning in Banking terms is "Global Financial Crisis". There are 1 related meanings of the GFCS Banking abbreviation.

GFCS on Banking Full Forms

  1. Global Financial Crisis The collapse of credit and consequent global recession that occurred in 2008 as over-extended financial institutions, especially but not exclusively banks, found their assets devalued by defaulting debtors, especially owners of houses whose property values had fallen below their mortgage values due to the bursting of the housing bubble.

Frequently Asked Questions (FAQ)

  1. What does GFCS stand for Banking?

    GFCS stands for Global Financial Crisis in Banking terms.

  2. What is the shortened form of Global Financial Crisis in Banking?

    The short form of "Global Financial Crisis" is GFCS for Banking.

Citation

GFCS in Banking. Acronym24.com. (2021, March 8). Retrieved November 23, 2024 from https://acronym24.com/gfcs-meaning-in-banking/

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