U.K. Banks Allowed To Lower Liquidity Stocks

27 Jun 2013

The U.K.’s Financial Policy Committee has told banks they may reduce their liquidity stocks to 80% of their requirements between now and 2015 in an effort to boost lending, freeing up an aggregated £70 billion ($106.63 billion).

The U.K.’s Financial Policy Committee has told banks they may reduce their liquidity stocks to 80% of their requirements between now and 2015 in an effort to boost lending, freeing up an aggregated £70 billion ($106.63 billion).

Click here to read the story from The Financial Times.

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