Bank of England urges banks to keep lending.
BANKING AND CREDIT NEWS-March 29, 2021--Bank of England urges banks to keep lending
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Global Banking News - 29 March 2021
The Bank of England has called on commercial banks to keep lending to users.
On Friday, the apex bank asked lenders to provide enough credit to companies to see them through the coronavirus crisis. The central bank is meanwhile scaling back its lending guarantee schemes.
In a statement, the apex bank said, 'It is in banks' collective interest to continue to support viable, productive businesses, rather than seek to defend capital...
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