FOREX TradingCharts.com

Financial News: BoE Demands Banks To Lend To Productive Businesses

BoE Demands Banks To Lend To Productive Businesses

03/26/2021 - 07:54:00 (RTTNews)

(RTTNews) - The Bank of England urged banks to support the economy by lending to productive businesses as the Covid-19 continued to pose challenges for both households and businesses.

According to the summary of the Financial Policy Committee meeting, the UK banking system is resilient to keep supporting households and businesses.

Banks have more capacity to lend as the BoE reduced the cushion of capital that banks need to hold to absorb potential losses.

The FPC observed that businesses will need more support in the months ahead even as the UK economy recovers.

Further, the FPC said it remained committed to working with EU authorities towards a safe and open financial system. Close cooperation between regulatory authorities is essential to manage financial stability risks.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Sentiment Improves Less Than Expected In April (04 hr(s), 39 min(s), 57 sec(s) ago)
(RTTNews) - After reporting a substantial rebound in U.S. consumer sentiment in the previous month ...Full Story»

U.S. Housing Starts Skyrocket To Highest Level Since June 2006 (06 hr(s), 25 min(s), 57 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story»

U.S. Housing Starts Rebound Much More Than Expected In March (07 hr(s), 18 min(s), 57 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story»

Malta HICP Inflation Steady At 0.1% In March (08 hr(s), 52 min(s), 57 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation remained stable in March, data from the National S ...Full Story»

Croatia Consumer Prices Rise For Second Month (09 hr(s), 58 min(s), 57 sec(s) ago)
(RTTNews) - Croatia's consumer prices increased for the second straight month in March, figure ...Full Story»

Eurozone Trade Surplus Declines In February (10 hr(s), 32 min(s), 57 sec(s) ago)
(RTTNews) - The euro area trade surplus declined in February as exports decreased amid rising impo ...Full Story»

Eurozone Inflation Rises As Estimated (10 hr(s), 45 min(s), 57 sec(s) ago)
(RTTNews) - Eurozone consumer prices increased as initially estimated in March, final data from Eu ...Full Story»

Italy Trade Surplus Declines In February (11 hr(s), 27 min(s), 57 sec(s) ago)
(RTTNews) - Italy's trade surplus decreased in February, data from the statistical office Ista ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves Less Than Expected In April

04/16/2021 - 11:21 AM (RTTNews)
(RTTNews) - After reporting a substantial rebound in U.S. consumer sentiment in the previous month ...Full Story>>

U.S. Housing Starts Skyrocket To Highest Level Since June 2006

04/16/2021 - 09:35 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story>>

U.S. Housing Starts Rebound Much More Than Expected In March

04/16/2021 - 08:42 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story>>

Malta HICP Inflation Steady At 0.1% In March

04/16/2021 - 07:08 AM (RTTNews)
(RTTNews) - Malta's EU measure of inflation remained stable in March, data from the National S ...Full Story>>

Croatia Consumer Prices Rise For Second Month

04/16/2021 - 06:02 AM (RTTNews)
(RTTNews) - Croatia's consumer prices increased for the second straight month in March, figure ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.