U.K. Banks Allowed To Reduce Liquidity Buffers

28 Aug 2013

The Prudential Regulation Authority announced that the U.K.’s eight largest lenders could reduce their liquidity buffers by a total of £90 billion ($139.7 billion) to help boost the economy, provided they have a minimum core capital ratio of 7%.

The Prudential Regulation Authority announced that the U.K.’s eight largest lenders could reduce their liquidity buffers by a total of £90 billion ($139.7 billion) to help boost the economy, provided they have a minimum core capital ratio of 7%.

Click here to read the story from Reuters.

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